Alphabet’s Pricey AI Bet Pays Off With Cloud, Search Growth
Tuesday that an expensive foray into artificial intelligence is starting to pay off, delivering better-than-expected traction for its cloud computing business and driving more usage for its flagship search engine.
Alphabet earnings: Stock climbs as Wall Street reacts to upbeat growth
Alphabet reported earnings after Tuesday's closing bell. MarketWatch will be breaking down the expectations and results.
Alphabet’s stock jumps as ads, AI and cloud fuel strong revenue growth
Alphabet’s all-important Google Cloud unit delivered revenue of $11.35 billion, representing growth of 35% on the $8.41 billion in sales it reported one year earlier. The company said this growth was primarily driven by rapid update of its artificial intelligence services, which includes subscriptions to enterprise customers.
Google Q3: Strong Growth Led By Cloud
Alphabet's investment in Anthropic and the integration of Claude 3.5 Sonnet into Google Cloud enhances AI capabilities and cybersecurity features. Learn more on GOOG stock here.
Alphabet Inc (GOOG) Q3 2024 Earnings Call Highlights: Strong Revenue Growth and AI Advancements
Alphabet Inc (GOOG) reports a 15% revenue increase, driven by Google Cloud's 35% growth and significant AI integration across platforms.
Alphabet Beats Sales Estimates on Google Cloud Growth
Google parent Alphabet Inc. reported third-quarter sales that climbed more than analysts expected, helped by robust demand for cloud computing services from companies racing to develop or adopt artificial intelligence.
Google Parent Alphabet Beats Quarterly Revenue Estimates
Alphabet topped third-quarter revenue expectations on Tuesday, helped by steady growth in its digital advertising business and an AI-driven jump in demand for its cloud services. Shares of the company rose 3% in extended trading.
Alphabet's AI investments boost cloud sales, lifts maturing ad business
Google parent Alphabet said on Tuesday its AI investments were "paying off" as it reported a 35% surge in its cloud business and U.S. election-related spending lifted YouTube ad sales in the third quarter.
Google delivers a big earnings beat fueled by AI growth
The company in October also announced a major reorganization amid its growing AI efforts, moving the Gemini app team under the Google DeepMind team led by Demis Hassabis. Pichai c
Google cloud boosts Alphabet to double-digit revenue growth as CEO Pichai says AI investment is paying off
Google parent Alphabet topped Wall Street revenue targets on Tuesday in third-quarter financial results that showed strong growth in the company's core businesses and offered a glimpse of the potential payoff from its long-running AI efforts.
Google Cloud's revenue growth impresses, and so does its margin expansion
Alphabet posted a big positive surprise on Google Cloud revenue, but its margin expansion of 17% for the segment garnered some attention on the earnings call. "Obviously, as we scale the business, we have more opportunity for margin expansion,
Google Pops On Great Results, The Prospect Of Cloud Growth
Ongoing improvements in Alphabet Inc.'s cloud services have led to a surge in revenue and earnings. Click here to read my ...
Why Analysts Are Bullish on Google Parent Alphabet After Earnings
Google parent Alphabet posted third-quarter earnings that topped Street expectations and showed artificial intelligence (AI) ...
Alphabet quiets the doubters with ‘all-around’ strength that sends stock soaring
Alphabet Inc.’s stock had gotten a bit more controversial recently as Wall Street sought to assess the company’s regulatory ...
Alphabet says Spotify, Paramount sign to use new cloud chip
Google Cloud, a unit of Alphabet Inc , said on Wednesday that Spotify Technology and Paramount Global are using a new chip that it designed with technology from Arm Holdings to power their streaming ...
Alphabet Inc. Reports Strong Q3 2024 Earnings Growth
Alphabet Inc. Class A ( (GOOGL) ) has realeased its Q3 earnings. Here is a breakdown of the information Alphabet Inc. Class A presented to its ...
S&P500 and Nasdaq Index: Cloud Gains Lift Alphabet, but AMD Drags on Market
Alphabet leads tech as Nasdaq hits highs, while AMD and Super Micro slump on earnings misses. Mixed signals keep investors cautious on US stock outlook.
Alphabet's stock rally is a good start for this big week of tech earnings
Alphabet's stock rose 5.8% in extended trading Tuesday, and attention will now move to the other large technology names on this week's docket. Meta will offer another read on advertising spending ...
Alphabet 'At The Forefront Of The AI Race': Analysts See Attractive Valuation; Highlight Cloud, YouTube, Search Results
Alphabet Inc (NASDAQ:GOOG)(NASDAQ:GOOGL) is viewed favorably by analysts after showing strength in cloud, search and YouTube ...