Alphabet’s network effect continues to drive growth in the size and overall usage of Google’s ecosystem which help the firm remain the behemoth in online advertising and gain further traction in enterprise cloud. While the better-than-expected first-quarter revenue helped beat expectations on the bottom line, the growing traffic acquisition costs plus further investments in data centers and content acquisitions, continue to push gross margin lower.
www.finstead.com/bit...preview-July-17-2018
www.finstead.com/bit...preview-July-17-2018