Google Cloud's $3 billion quarter shows strong but slowing growth, even as Google reported its first quarterly revenue decline since going public (GOOG, GOOGL)

Google Cloud's $3 billion quarter shows strong but slowing growth, even as Google reported its first quarterly revenue decline since going public (GOOG, GOOGL)

Business Insider

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· Alphabet reported earnings on Thursday, disclosing that Google Cloud generated over $3 billion in revenue — up 43% from the same period of last year.
· Last quarter, Google Cloud saw a 52% year-over-year increase, showing that revenue growth in the unit is slowing down.
· On a call with investors, Google CFO Ruth Porat...

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