1. GOOG's cloud unit expands partnership with Palo Alto Networks on security services. 2. This deal is reportedly the largest in Google Cloud's security services sector.
FAQ
Why Bullish?
The expanded partnership enhances GOOG's competitive position in the growing cloud security market, similar to past partnerships boosting market credibility and revenues.
How important is it?
The partnership is significant for GOOG's cloud growth strategy, responding proactively to competition from AWS and Azure.
Why Long Term?
Strategic partnerships like this one can lead to sustained revenue growth and market share expansion, as seen with Microsoft's success from similar alliances.