Google (NASDAQ GOOG) has come up with yet another major release news. Google is now planning to release Pre-Emtiple Virtual Machines. These Pre-Emptible machines would be providing the users with capacity for a short term. This capacity would be provided for a low cost. Along with this news, Google (NASDAQ GOOG) also announced price cuts for its compute engines. The price would be cut by around 30%.
Here in this article, we will take a closer look at the Google (NASDAQ GOOG) stock. We will see more about the pre-emptible VMs which Google have recently introduced. It would be interesting to see the future which these VMs might hold and also how they might affect the stock performance in the coming months.
Google has always been a pioneer of innovation. They have come up with revolutionary products from time to time. The release of Pre-Emptible VMs is another major step for Google. These VMs would be helpful in providing low cost services which are also short term.
Google Inc (NASDAQ GOOG) News: Pre-Emptible VMs
Google’s Pre-Emptible VMs would have be yet another attempt from Google, in making space available for users. Google has already become more competitive in this space, through cost cutting. The commute engine has already gone through a price cut of approximately 50%.
Google claims that the new cloud services are around 40% cheaper as compared to its market rivals. Whether they can use this as their USP remains to be seen.
Google Inc Financial News (NASDAQ GOOG)
Google (NASDAQ GOOG) has been an average performer in the current market conditions. The stock has not been a stand out like Apple, but it has also been a good buy, giving some very good returns. In the coming months, the stock may well reach bigger heights. Stay tuned to Technews for more updates.
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