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Google Cloud Revenue Just Grew 103%, so Why Is the Stock Falling?

Source: fool.com

Artificial IntelligenceCorporate EarningsCompany Fundamentals
Google Cloud Revenue Just Grew 103%, so Why Is the Stock Falling?

Alphabet said Google Cloud revenue more than doubled in Q3, attributing the growth to its heavy AI investment. Losses in the company's equity portfolio during the quarter dented its bottom line; the article provides no specific amounts.

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