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Alphabet Reports Break‑through $100 B Quarter Powered by AI and Cloud
Alphabet Inc. posted quarterly revenue of $102.3 billion, up 16% year‑over‑year, as Google Cloud grew 34% to $15.2 billion. Strong growth in Search, YouTube ads, and enterprise AI infrastructure underpinned margins which expanded to roughly 33.9%. Management raised full‑year capital‐expenditure guidance to $91–93 billion, reflecting a major push into data centres and AI chips. Competition remains fierce, but the scale and margin strength reaffirm Alphabet’s leadership in the digital economy.
Companies:
- Alphabet Inc.
Tags:
- stocks
- Alphabet
positive
Alphabet Reports Break‑through $100 B Quarter Powered by AI and Cloud
Alphabet Inc. posted quarterly revenue of $102.3 billion, up 16% year‑over‑year, as Google Cloud grew 34% to $15.2 billion. Strong growth in Search, YouTube ads, and enterprise AI infrastructure underpinned margins which expanded to roughly 33.9%. Management raised full‑year capital‐expenditure guidance to $91–93 billion, reflecting a major push into data centres and AI chips. Competition remains fierce, but the scale and margin strength reaffirm Alphabet’s leadership in the digital economy.
Companies:
- Alphabet Inc.
Tags:
- stocks
- Alphabet
1 min read
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Alphabet’s Q3 revenue hits $102 billion and cloud grows 34%, while cap‑ex is raised to $91–93 billion, signalling AI infrastructure focus.
Alphabet Inc. posted quarterly revenue of $102.3 billion, up 16% year‑over‑year, as Google Cloud grew 34% to $15.2 billion. Strong growth in Search, YouTube ads, and enterprise AI infrastructure underpinned margins which expanded to roughly 33.9%. Management raised full‑year capital‐expenditure guidance to $91–93 billion, reflecting a major push into data centres and AI chips. Competition remains fierce, but the scale and margin strength reaffirm Alphabet’s leadership in the digital economy.
Alphabet Inc. posted quarterly revenue of $102.3 billion, up 16% year‑over‑year, as Google Cloud grew 34% to $15.2 billion. Strong growth in Search, YouTube ads, and enterprise AI infrastructure underpinned margins which expanded to roughly 33.9%. Management raised full‑year capital‐expenditure guidance to $91–93 billion, reflecting a major push into data centres and AI chips. Competition remains fierce, but the scale and margin strength reaffirm Alphabet’s leadership in the digital economy.
Companies:
- Alphabet Inc.
Tags:
- stocks
- Alphabet
- stocks
- Alphabet
- earnings
- cloud
- AI infrastructure