Alphabet shares surge after earnings beat and Google Cloud growth

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 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.

Alphabet Just Hit $100 Billion in a Single Quarter. Here’s What’s Driving It.

Google's parent company, Alphabet, reported record quarterly revenue this week, with Google Cloud, Search and YouTube each growing at a double-digit pace.
Tech Times

AI Spending Hits Record Levels as Microsoft, Google, and Meta Race for Dominance

Microsoft, Google, and Meta are pouring billions into AI data centers and cloud systems. Analysts warn of a growing AI bubble as spending soars.
CRN

Google’s CEO Pichai On Six Key Product Areas For Business Users As Quarterly Revenue Tops $100B

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 hits $100 billion in one quarter: Here’s how AI made it happen

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.

AI Helps Alphabet Shatter $100B Revenue Record

Happy numbers galore. Net income rose 33% to nearly $35 billion, while earnings per share jumped 35% to $2.87.

Alphabet Revenue Jumps 16% With Strong Cloud Sales

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.

Alphabet Earnings Preview: What To Expect From Google On Ads, AI, And More

What To Expect From Google On Ads, AI, And More. Here's a closer look at what Wall Street expects will happen.

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,

What time does Google report earnings Wednesday? Here’s how to tune in.

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.
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