Google Cloud cut its operating loss from $1.4 billion in the year-ago Q2 to a far more modest $591 million deficit in its most recent quarter.
But the collection of trials and errors lost $1.4 billion in the quarter, up from $1.1 billion in the corresponding year-ago period.
The real story, however, is in the epic gains that Alphabet posted in operating income from Q2 2020 to Q2 2021?