Monday, July 23, 2018

Alphabet’s capital expenditures almost Twice in second quarter since Google chases Amazon in cloud

Alphabet‘s capital costs in the latest quarter nearly doubled, since Google has been construct information centers for goods like its cloud providers.

In the next quarter, these prices jumped to $5.48 billion from $2.48 billion a year earlier, Alphabet said in its earnings report after the close of trading Monday.

The post Alphabet’s capital expenditures almost Twice in second quarter since Google chases Amazon in cloud appeared first on Retailnewsfeed.com.

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