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Google Cloud just shocked the sleepy cloud services sector out of its slumber.
The Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL) subsidiary announced it grew its revenue by 82% year over year last quarter. It grew its operating income by an even more impressive 212% year over year.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Here's why those numbers threaten to reshape the entire cloud platform hierarchy and why Amazon (NASDAQ: AMZN) and Microsoft (NASDAQ: MSFT) investors should care. A lot.