Business

Google Cloud’s business weakness is its hidden complexity

[ad_1] GCP’s push for OPEX optimization and low-cost leadership is not a strategy to extract value from business accounts. GCP has focused on a small handful of verticals to create value from business solutions. The combination is probably not enough to keep its revenue position in the public cloud third …

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How do these electric SUVs stack up?

[ad_1] The Hyundai Kona Electric and the Kia Niro EV are quite unique. In fact, they are the only two non-luxury electric crossovers in the US market. USA Competitive models include the Tesla Model Y, which is a premium vehicle that is much more expensive, and the Chevrolet Bolt EV, …

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Futures contracts again jeopardize WTI prices

[ad_1] By Sharon Cho and Alex Longley in 04/28/2020 SINGAPORE (Bloomberg) – Crude released about $ 11 a barrel after a major index tracked by billions of dollars in funds rescued from short-term contracts for fear that prices could again turn negative. June futures fell as much as 21% in …

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Will Snap’s shares drop below $ 9 again?

[ad_1] PARIS, FRANCE – MAY 12: In this photo illustration, the Snapchat app logo is … [+] Shown on the screen of an Apple iPhone on May 12, 2018 in Paris, France. Facing the anger of dissatisfied users, the Snapchat app has canceled certain changes, announced in late 2017, at …

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Avnet Earnings Call Transcript (AVT) Q3 2020

[ad_1] Image Source: The Motley Fool. Avnet (NASDAQ: AVT)2020 third quarter earnings callApr 27, 2020, 4:30 pm. ET Content: Prepared observations Questions and answers Call participants Prepared observations: Operator Welcome to Avnet’s third quarter fiscal year 2020 earnings call. Now I would like to turn the floor over to Joe …

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Net profit falls 67% in Q1 as oil prices drop

[ad_1] Energy giant BP reported a significant drop in first-quarter net profit on Tuesday as oil prices continue to decline amid growing concern about the coronavirus crisis and declining storage capacity. The UK-based oil and gas company posted an underlying replacement cost gain in the first quarter, used as a …

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Five things to see at the Federal Reserve meeting this week

[ad_1] After an emergency meeting of Federal Reserve policymakers in mid-March, President Jay Powell expressed confidence in the central bank’s ability to protect the American economy from the most devastating consequences of the coronavirus pandemic. “We believe we have a lot of political space left, a lot of power in …

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