Google (NASDAQ GOOG) has been trying hard to get a foothold in the Cloud market. The search engine giants have been taking their cloud ambitions seriously and therefore they have also started providing their users cloud at a reduced price- reduced by around 30%. With the competition being strong, this rate cut was all but expected. Google also introduced low cost Pre-Emptible VMs.
Here in this article , we will take a closer look at the Google (NASDAQ GOOG) stock. Google has been looking increase its depth in the Cloud segments, and therefore it would only be prudent to look at the chance which Google has in this segment and also look at what it would be planning to do in order to get ahead in this market.
Google Inc (NASDAQ GOOG) News: Cloud for Google?
Cloud has fast become the leading segment in the market today. Many companies have vouched their claims in the cloud market. Google does not want to lag behind either. But are they really a potent competitor in the current market? We take a look here.
Google (NASDAQ GOOG) has high ambitions in the cloud segment. The search engine giants have been cutting prices and they have also introduced short term, low cost and capacity VMs for their users. Google certainly hopes in adding depth in this segment. Whether it would also effect the margins for Google remains to be seen.
Google Inc Financial News (NASDAQ GOOG)
Google remains a good stock to have in the current market conditions. The stock has been steady to say the least. With the coming updates, Google may well be onto bigger and better things. It would be interesting to see how the stock performs in the coming days. Stay tuned for further updates.
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