Google Offers Substantial Discounts on Cloud Computing Services to U.S. Government Amid Trump Administration's Cost-Cutting Efforts

Saturday, Jul 12, 2025 9:50 am ET1min read

Google will offer massive discounts to the US government for its cloud computing services. The news comes amid the Trump administration's push to cut federal IT costs. Google's contract is expected to be finalized within weeks and could offer a substantial discount, similar to Oracle's 75% discount on software and cloud services. Analysts remain optimistic about Alphabet's long-term stock outlook, with a Strong Buy consensus rating and an average price target of $201.85, implying 13.6% upside potential from current levels.

Google Offers Substantial Discounts on Cloud Computing Services to U.S. Government Amid Trump Administration's Cost-Cutting Efforts

Aime Insights

Aime Insights

What are the implications of the CoreWeave's meltdown for the AI industry?

What are the potential implications of CoreWeave's meltdown for AI stocks?

What does the jobs report suggest about the overall health of the economy?

How might the French composite PMI affect European markets?

Comments



Add a public comment...
No comments

No comments yet