The company said revenue grew 15% to $88.3 billion in the third quarter, above Wall Street targets of $86.3 billion. Alphabet’s focus on keeping costs in check, meanwhile, helped boost net income 34% from the year-ago period, to $26… Article Source https://fortune.com/2024/10/29/google-q3-earnings-alphabet-sundar-pichai-revenue-profit-youtube/
Alphabet Inc. reported its third-quarter earnings, with revenues reaching $88.3 billion, a 15% increase from last year. The Google parent company’s operating margin expanded to 32% from 27.8% year-over-year, while net income rose 34% to $26.3… Article Source https://www.searchenginejournal.com/google-q3-report-ai-drives-growth-across-search-cloud-youtube/531196/
Alphabet Beats Sales Estimates on Google Cloud Growth Yahoo Finance Google CEO Says AI Investments Are ‘Paying Off’ Investopedia Google CEO says more than a quarter of the company’s new code is created by AI Business… Article Source https://finance.yahoo.com/news/alphabet-beats-sales-estimates-google-220635409.html
Google Q3: Strong Growth Led By Cloud (NASDAQ:GOOGL) Seeking Alpha Article Source https://seekingalpha.com/article/4730637-google-q3-strong-growth-led-by-cloud
Google’s strong earnings boosted by cloud computing gains Financial Times Article Source https://www.ft.com/content/7f96d467-f59e-4350-8c0b-31011734c24e
Alphabet’s stock surged 2.8% in recent after-hours trading, after the internet-search and cloud giant reported third-quarter earnings that rose above expectations, helped by strength in its cloud business. Net income rose to $26.30 billion, or… Article Source https://www.marketwatch.com/livecoverage/alphabet-earnings-google-results-revenue-cloud-youtube-q3
Google’s Cloud Business Powers Accelerating Revenue Growth The Wall Street Journal Article Source https://www.wsj.com/tech/alphabet-google-goog-q3-2024-c3fc0443
Google parent Alphabet’s AI spending boosts cloud business, ad sales Reuters Article Source https://www.reuters.com/technology/google-parent-alphabet-beats-quarterly-revenue-estimates-2024-10-29/
Alphabet Beats Quarterly Sales Estimates on Google Cloud Growth Bloomberg Article Source https://www.bloomberg.com/news/articles/2024-10-29/alphabet-beats-quarterly-sales-estimates-on-google-cloud-growth
We recently compiled a list of the 10 AI News Investors Should Not Miss. In this article, we are going to take a look at where Microsoft Corporation (NASDAQ:MSFT) stands against the other AI stocks you should not miss. Tom Hainlin, national… Article Source https://finance.yahoo.com/news/microsoft-corporation-nasdaq-msft-critiques-163650576.html