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Posted by
Two Blokes Mon at 11:15 PM -
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Stock
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Alphabet Inc. brought more certainty into its capital budget for cloud compute infrastructure, suggesting demand remains strong for Google Cloud. Google Cloud's growth and margin improvements position Alphabet to catch up with peers, though still trails by a significant margin. GOOGL share repurchases and dividend increases enhance shareholder value, while current valuation offers a buying opportunity as cloud profitability improves.
