Alphabet jumps 6% on Q3 earnings as CEO says AI bet is ‘paying off’
Google’s parent company Alphabet Inc. (GOOG) saw its share price jump 5.9% after-hours as its third-quarter results beat Wall Street earnings and revenue estimates — boosted by its artificial intelligence business.
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
Alphabet’s stock has stalled. Can earnings serve as a catalyst?
Alphabet Inc. will be looking to refocus investors on the fundamentals of its business Tuesday after a sluggish recent stretch for its stock.
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.
Alphabet’s Pricey AI Bet Pays Off With Cloud, Search Growth
Google parent Alphabet Inc. is showing an expensive foray into artificial intelligence is starting to pay off, delivering better-than-expected sales for its cloud-computing business and driving more usage of its flagship search engine.
Alphabet earnings: Stock climbs as cloud growth tops estimates
Alphabet reported earnings after Tuesday's closing bell. MarketWatch will be breaking down the expectations and results.
Google parent Alphabet beats estimates on strong ad, cloud sales
By Deborah Mary Sophia and Kenrick Cai (Reuters) -Google parent Alphabet topped third-quarter revenue expectations on Tuesday, helped by an AI-driven 35% surge in its cloud business as well as a jump in its digital advertising revenue.
Alphabet Inc. Cl A stock outperforms competitors on strong trading day
Shares of Alphabet Inc. Cl A rose 2.82% to $174.46 Wednesday, on what proved to be an all-around rough trading session for ...
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 Needs More Than Strong Results to Tame Wall of Worries
Alphabet Inc. shares have gone nowhere for months, trailing Magnificent Seven peers as investors struggle to price risks ...
Alphabet Inc: Strong Core Performance and Promising AI-Driven Growth Justify Buy Rating
In a report released today, Sachin Mittal from DBS maintained a Buy rating on Alphabet Class A (GOOGL – Research Report), with a price ...
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 Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Wedbush analyst Scott Devitt reiterated an Outperform rating with a price target of $205 on Oct. 24. This analyst has an ...
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.