Alphabet, Google and Cloud
Digest more
Following this substantial rally, it is crucial to reassess Google’s position relative to its key competitors.
Shares of Alphabet rose as much as 6% in post-market trading after the company posted third-quarter revenue and earnings results that beat Wall Street expectations. Investors were especially impressed by Google Cloud's 34% year-over-year revenue growth.
The search giant's first $100 billion quarter suggests cannibalization isn't the right frame for Google's AI transition. Augmentation is more like it.
What To Expect From Google On Ads, AI, And More. Here's a closer look at what Wall Street expects will happen.
The results exceeded Wall Street’s expectations for sales of $99.81 billion and a profit of $27.63 billion. Alphabet shares rose more than 5 percent in after-hours trading.
20hon MSN
Alphabet Stock Hits Record High After Google Parent Reports Strong Earnings—Monitor These Key Levels
Alphabet shares popped after the Google parent reported earnings that topped Wall Street estimates, as quarterly revenue surpassed $100 billion for the first time. Monitor these major chart levels.
Microsoft, Google, and Meta are pouring billions into AI data centers and cloud systems. Analysts warn of a growing AI bubble as spending soars.
Google’s parent company Alphabet has posted its first $100 billion quarter, driven by AI-powered growth across Search, YouTube, and Cloud. Here’s how smarter tools and everyday products helped the tech giant reach this massive milestone.