The #1 that shows why Alphabet is a buy today
rvolkan/Getty Images Google’s (GOOG) cloud backlog rose to $155 billion in the third quarter, up 46% from the previous quarter and up 82% year over year. Google Cloud operating margins hit 23.7% in the third quarter, up from 17% last year as scale improves. More than 70% of Google’s cloud backlog is related to AI-related…