Banc of California expects Q4 pretax pre-provision income of $125M-$130M as NIM guides to 3.35%-3.40%
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Google Cloud Revenue Just Grew 103%, so Why Is the Stock Falling?
Investors may be missing the forest for the trees.
- Google Cloud revenue surged 103% to $30.7 billion in Q3
- Operating margin for cloud segment rose to 36.2%
- Stock fell 11% due to concerns over declining profits