Alphabet’s future could be greatly impacted by the growth of Google Cloud in the coming years. While Google Cloud currently does not have a significant effect on Alphabet’s bottom line, it is becoming a key driver of revenue growth for the company. Travis Hoium discusses in a recent video how Google Cloud is laying the foundation to potentially become Alphabet’s biggest business over the next decade.
The stock prices mentioned in this content are based on end-of-day prices from April 16, 2024, and the video was published on April 17, 2024. Suzanne Frey, an executive at Alphabet, sits on The Motley Fool’s board of directors, while John Mackey, former CEO of Whole Foods Market, which is owned by Amazon, is also on the board. Travis Hoium has investments in Alphabet and Dropbox, and The Motley Fool holds positions in and recommends Alphabet, Amazon, Microsoft, and Netflix.
The Motley Fool additionally suggests certain options for Microsoft stocks. Travis Hoium is affiliated with The Motley Fool and may receive compensation for promoting its services. If viewers choose to subscribe through his link, he may earn extra money to support his channel. It is important to note that his opinions are independent and not influenced by The Motley Fool.