Categories: Business

Alphabet's heavy cloud spending drives bigger-than-expected cash burn

Published by
TDG Syndication

Oct 28 (Reuters) – Alphabet reported a higher cash burn on Wednesday than analysts expected as it spends heavily to boost capacity for its cloud business, sending its shares down more than 6% in

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

TDG Syndication
Published by TDG Syndication