Google's parent company Alphabet reported robust third-quarter results on Tuesday, with revenue climbing 15 percent year-over-year to $88.3 billion, powered by strong performance from its crucial advertising business and growth in cloud services.

Google's parent company Alphabet reported robust third-quarter results on Tuesday, with revenue climbing 15 percent year-over-year to $88.3 billion, powered by strong performance from its crucial advertising business and growth in cloud services.

Google's parent company Alphabet reported robust third-quarter results on Tuesday, with revenue climbing 15 percent year-over-year to $88.3 billion, powered by strong performance from its crucial advertising business and growth in cloud services. The technology giant's net income surged 34 percent to $26.3 billion, while earnings per share increased 37…

Alphabet has reported third-quarter sales that rose more than analysts estimated, helped by the demand for cloud computing services as the adoption of artificial intelligence soars. Revenue, excluding partner payouts, increased to $74.6 billion (A$113.7 billion), surpassing the $72.9 billion (A$111.11 billion) analysts predicted on average, according to Bloomberg. Google – whose stock has climbed... Read More

Revenue, excluding partner payouts, increased to $74.6 billion, up about 16% from Q3-2023

Alphabet shares rose more than 5% in extended trading following the report. The stock has gained 21% this year.

Alphabet Inc. reported strong Q3 results, driven by gains in cloud computing and increased AI traction, pushing Google’s revenue to $74.6 billion