Google Cloud nabbed a high-profile contract to move futures exchange CME Group’s core trading systems to the cloud, the company said Thursday. The contract followed Google’s investment of $1 billion in CME Group, making it the second time this week that Google invested in a company and walked away with a lucrative cloud contract—a tactic often used by rival Microsoft to build its cloud business....
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DoorDash Should Buy Instacart Now
Instacart’s stock price performance so far brings to mind a variation on the old line about love: Is it better to have gone public and lost, or never to have gone public at all? The shares fell 9% on Monday to $26.96, 10% below its IPO price, following our scoop that the Wall Street analysts at the banks underwriting the offering are projecting a severe slowdown in Instacart’s growth in the...
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