Jim Cramer Says the Bubble in the Data Center “Burst Two Months Ago for All But Google” [Yahoo! Finance]
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Source: Yahoo! Finance
“Now, why is this migration so important? Because you have all these people saying that a bubble may be developing in the data center and anything connected to it. But anyone with two eyes can see that the bubble burst two months ago for all but Google. And that's because Google won.” Photo by Kai Wenzel on Unsplash Alphabet Inc. (NASDAQ:GOOGL) provides tech-related products and services, including search, advertising, cloud computing, AI tools, and digital content platforms like YouTube and Google Play. Cramer mentioned the stock during the December 15 episode and said: “Almost every single tech company I follow has a monstrous set of rivals spending tens of billions of dollars to dominate the particular industry. Now, in one case, that spending can be worth it. Google spent enough to keep the comers out of the search category. It's been allowed to write a check to Apple to make it the default search. That cost them $20 billion per year, and it's money well spent now that the
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