positive
Alphabet reports record revenue fueled by artificial intelligence expansion
Alphabet’s third-quarter revenue exceeded $50 billion, driven by strong performance across cloud and AI-powered advertising segments. The company’s continued investment in generative AI technologies and machine learning platforms strengthened its enterprise and consumer product offerings. CFO Ruth Porat reaffirmed capital discipline and innovation focus, projecting stable operating margins. Analysts viewed the results as confirmation that Alphabet’s AI initiatives are paying off, positioning it ahead of peers in digital transformation and marketing automation trends that define the new advertising landscape.
Tags:
- Alphabet
- Google
CNBC• By Harsh Ranjan
Explore:High Return Equity Mutual Fund
positive
Alphabet reports record revenue fueled by artificial intelligence expansion
Alphabet’s third-quarter revenue exceeded $50 billion, driven by strong performance across cloud and AI-powered advertising segments. The company’s continued investment in generative AI technologies and machine learning platforms strengthened its enterprise and consumer product offerings. CFO Ruth Porat reaffirmed capital discipline and innovation focus, projecting stable operating margins. Analysts viewed the results as confirmation that Alphabet’s AI initiatives are paying off, positioning it ahead of peers in digital transformation and marketing automation trends that define the new advertising landscape.
Tags:
- Alphabet
- Google
CNBC• By Harsh Ranjan
Explore:Mutual Fund Categories
1 min read
79 words
Alphabet reported record $50 billion in Q3 revenue, reflecting cloud and AI growth that reinforced its leadership in digital advertising and enterprise data services.
Alphabet’s third-quarter revenue exceeded $50 billion, driven by strong performance across cloud and AI-powered advertising segments. The company’s continued investment in generative AI technologies and machine learning platforms strengthened its enterprise and consumer product offerings. CFO Ruth Porat reaffirmed capital discipline and innovation focus, projecting stable operating margins. Analysts viewed the results as confirmation that Alphabet’s AI initiatives are paying off, positioning it ahead of peers in digital transformation and marketing automation trends that define the new advertising landscape.
Alphabet’s third-quarter revenue exceeded $50 billion, driven by strong performance across cloud and AI-powered advertising segments. The company’s continued investment in generative AI technologies and machine learning platforms strengthened its enterprise and consumer product offerings. CFO Ruth Porat reaffirmed capital discipline and innovation focus, projecting stable operating margins. Analysts viewed the results as confirmation that Alphabet’s AI initiatives are paying off, positioning it ahead of peers in digital transformation and marketing automation trends that define the new advertising landscape.
Tags:
- Alphabet
- Google
- Alphabet
- Google
- AI
- cloud
- earnings