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.
Google's parent company, Alphabet, reported record quarterly revenue this week, with Google Cloud, Search and YouTube each growing at a double-digit pace.
Microsoft, Google, and Meta are pouring billions into AI data centers and cloud systems. Analysts warn of a growing AI bubble as spending soars.
Alphabet’s CEO, which reported its first-ever quarter to see revenue top $100 billion, provided updates to a wide range of offerings that impact businesses and the channel.
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.
Happy numbers galore. Net income rose 33% to nearly $35 billion, while earnings per share jumped 35% to $2.87.
What To Expect From Google On Ads, AI, And More. Here's a closer look at what Wall Street expects will happen.
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Google’s corporate parent posts first-ever quarter with $100B in revenue in latest show of its power
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
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Google Parent Alphabet surpasses $100 Billion in quarterly revenue as AI expansion accelerates
Alphabet Inc., Googles parent company, achieved a remarkable landmark by surpassing $100 billion in quarterly revenue for the very first time. For the third quarter, the tech giant estimated $102.3 billion in revenue and almost $35 billion in profit,
Google parent Alphabet reported its first-ever $100 billion quarterly revenue on Wednesday, powered by strong growth across its core search business and rapidly expanding cloud division that was buoyed by artificial intelligence.
Alphabet, Google's parent company, is set to report third-quarter earnings on Wednesday, Oct. 29. Investors will be looking at whether the company is poised for more growth as ChatGPT continues to threaten its business model.