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Alphabet Has $514 Billion in Cloud Orders. Here's What Matters More Than That Number on Oct. 28.
Source: fool.com
Company FundamentalsCorporate EarningsTechnology & Innovation
Alphabet's Google Cloud backlog reached $514 billion in the second quarter. The article cautions that margins, spending and Search growth may be more consequential for the stock's next move than the backlog figure; it provides no figures for those factors or reported market reaction.
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