Alphabet's Cloud Growth, TPU Sales Could Drive Q3 Upside, BofA Says

What happened: BofA said Alphabet's (GOOG) Cloud business could offer Q3 upside, driven by capacity growth and incremental TPU sales, according to MT Newswires. Why it matters: The BofA view points to cloud capacity and TPU sales as potential drivers of Alphabet's Q3 results. Note: The source content is truncated behind a paywall, so only the headline and teaser details are available. Market: -0.2% today ($339.54), +7.8% YTD, 0.3x vol — as of 15:17 UTC

BofA said Alphabet's (GOOG) Cloud business could offer Q3 upside, driven by capacity growth and incremental TPU sales, according to MT Newswires.

The BofA view points to cloud capacity and TPU sales as potential drivers of Alphabet's Q3 results. Note: The source content is truncated behind a paywall, so only the headline and teaser details are available. Market: -0.2% today ($339.54), +7.8% YTD, 0.3x vol — as of 15:17 UTC