Alphabet, parent of Google and YouTube, saw a third straight quarter of better-than-anticipated gains as it reported earnings on Tuesday. The tech giant had largely exceeded analyst expectations for the previous two quarters, and Tuesday’s… Article Source https://www.theguardian.com/technology/2024/oct/29/alphabet-google-earnings-report
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
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
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
The tech rally has been helping the broader market this year. Although markets have been volatile over the past couple of weeks, the tech-heavy Nasdaq has been making a steady climb. On Oct. 25, the Nasdaq hit an all-time high, led by… Article Source https://finance.yahoo.com/news/nasdaq-hits-time-closing-high-113700505.html
Advanced Micro Devices Inc. AMD is set to report third-quarter 2024 earnings on Tuesday, Oct. 29, after the market close. The third-largest U.S. semiconductor company by market capitalization—behind Nvidia Corp. NVDA and Broadcom Inc.