Google: Silver Linings Despite Correction

Summary:

  • Google’s stock has experienced a significant correction due to poor revenue growth in its cloud business.
  • However, the company has seen improved operating income within its cloud division, which will help improve overall margins.
  • Google’s steady buyback pace and strong cash flow position make it a good option for long-term investors.

Tech

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Google (NASDAQ:GOOG) stock has suffered one of the biggest corrections since the pandemic in March 2020. Most of the blame goes to poor revenue growth performance in cloud business. However, the positive trend in the recent quarterly earnings was the


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