In what ways is Google's cloud business benefiting from the current work-from-home trends?
Breaking Down Alphabet's First-Quarter Performance
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The video discusses Google's advertising trends, highlighting a decline in ad revenue due to economic challenges and lockdowns. Despite this, Google's cloud services are benefiting from increased demand due to work-from-home trends. The company is focusing on diversification, with efforts in cloud and e-commerce expected to create new revenue streams post-pandemic.
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What is the significance of diversification in Google's business strategy as mentioned in the text?
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