Friday, 24 March, 2023

Alphabet for first time to disclose Google Cloud earnings today

<p>Alphabet, for the first, will disclose the cost and operating profit of Google Cloud business today. The disclosure is likely to eclipse the record overall quarterly sales for the internet&#39;s biggest platform for ads. This has come after years of aggressive investment and at the time when COVID-19 pandemic is pushing work, shopping, education and entertainment online. JPMorgan &amp; Chase Co analysts estimate the unit&#39;s 2020 operating margin at 2%.</p> <p>&nbsp;</p>