Google Cloud doesn't have much of an impact on Alphabet's (NASDAQ: GOOGL)(NASDAQ: GOOG) bottom line, but it's starting to be a big driver of revenue growth. Over the next decade, the groundwork is being laid to make Google Cloud the company's biggest business, which Travis Hoium covers in this video.
*Stock prices used were end-of-day prices of April 16, 2024. The video was published on April 17, 2024.
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Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Travis Hoium has positions in Alphabet and Dropbox. The Motley Fool has positions in and recommends Alphabet, Amazon, Microsoft, and Netflix. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
