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'Another $1 trillion market': How Google could cash in on the cloud boom: Tech

Wednesday, February 5, 2020

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DAVOS, SWITZERLAND - JANUARY 25:  Pedestrians pass a Google Cloud logo on January 25, 2018 in Davos, Switzerland. The Google Cloud Platform is a set of cloud computing services that includes online management tools to manage data storage, data analytics and other services.  (Photo by Adam Berry/Getty Images)
DAVOS, SWITZERLAND - JANUARY 25: Pedestrians pass a Google Cloud logo on January 25, 2018 in Davos, Switzerland. The Google Cloud Platform is a set of cloud computing services that includes online management tools to manage data storage, data analytics and other services. (Photo by Adam Berry/Getty Images)

'Another $1 trillion market': How Google could cash in on the cloud boom: The big news out of Google parent Alphabet’s (GOOG, GOOGL) earnings Wednesday, which produced mixed results, was that it finally broke out the numbers for its cloud business. Investors now have a better understanding of how much the division makes, and how it's growing compared to industry heavyweights Amazon (AMZN) and Microsoft (MSFT).

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