In the coming years, the growth of Google Cloud could significantly impact Alphabet’s future. While Google Cloud currently has a minimal effect on Alphabet’s bottom line, it is becoming an increasingly important 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.
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 stock prices mentioned in this content are based on end-of-day prices from April 16, 2024 and the video was published on April 17th 2024. It is important to note that Hoium’s opinions are independent and not influenced by The Motley Fool. If viewers choose to subscribe through his link he may earn extra money to support his channel
