Will Google Stock Move On New Cloud Chiefs Debut At Conference?

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Alphabet-unit Google ( GOOGL ) holds its annual cloud computing conference starting Tuesday, marking the debut of the search giants new cloud platform chief, Thomas Kurian, at the event. "Google stock reaction to Cloud Next is typically muted," Kelley said in a report to clients. Brian White, analyst at Monness, Crespi, Hardt & Co., also anticipates that Kurian could make waves. "The news flow out of the conference has growing implications for both Alphabet and tech at large," said White. Analysts have mentioned ServiceNow ( NOW ), Atlassian ( TEAM ) or Splunk ( SPLK ) as possible acquisition targets for the Google cloud computing unit.

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