Google parent Alphabet posts 1st $100 bn quarter
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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.
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Google’s corporate parent posts first-ever quarter with $100B in revenue in latest show of its power
SAN FRANCISCO (AP) — Google’s corporate parent on Wednesday announced its first-ever quarter with more than $100 billion in revenue, a milestone that illustrates the unwavering power of its internet empire amid legal and competitive threats.
Strong AI demand has helped power Alphabet's financial results, as both the core advertising and cloud computing businesses of the Google parent beat revenue expectations.
Google's parent company, Alphabet, reported record quarterly revenue this week, with Google Cloud, Search and YouTube each growing at a double-digit pace.
Happy numbers galore. Net income rose 33% to nearly $35 billion, while earnings per share jumped 35% to $2.87.
The growth of Alphabet, Google's parent company, is directly linked to its investment in artificial intelligence.
Theotrade’s Don Kaufman said earlier in October on Schwab Network that he’s bearish on Alphabet amid AI threats.
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.
Alphabet crushed on earnings last night, and Google Cloud revenue grew 34%. Total sales growth was 16% for Alphabet, but capital expenditure is growing much faster. Alphabet's AI investments are creating revenue growth, but at a high cost.
ABP News on MSN
Google Parent Alphabet Crosses $100 Billion In Quarterly Revenue, Gemini Gains 75 Million Users
During Alphabet's Q3 2025 earnings call, Pichai announced that the Gemini app has surpassed 650 million monthly active users, with queries increasing threefold since Q2.
Alphabet reported third-quarter earnings after Wednesday's close of trading. Investors will be focused on cloud growth and the health of search revenue in the AI era.