Alphabet Stock Surges as Cloud Business Drives Q3 Earnings Beat

Oct 30, 2024 · Source: YouTube Alphabet, Google’s parent company, has released its third-quarter earnings, surpassing analysts' expectations and propelling Alphabet stock to rise over …

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Alphabet Q3 Results Beat Analyst Estimates As Cloud Revenue Soars ...

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Oct 30, 2024 · The company reported earnings of $2.12 per share on revenue of $88.27 billion. That compared with expectations for earnings of $1.84 per share on revenue of $86.37 billion. …

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Alphabet Q3 Earnings Surge On Cloud And Ad Revenue, Stock Up 6%

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Oct 30, 2024 · Alphabet share closed at a price of $181.22 rising nearly 6% in after-market trading on Tuesday after it topped Q3 revenue and earnings expectations. Posted on Oct 30, 2024 …

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Alphabet Sees 35% Increase In Cloud Revenue In Q3 As Stock Soars

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Oct 31, 2024 · Big tech week is upon us, and it got off to a pretty good start with Alphabet (NASDAQ:GOOG), which posted blowout third quarter earnings, led by a 35% surge in cloud …

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Alphabet (Google) Q3 Earnings Highlights: Revenue Beat, EPS …

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Oct 24, 2023 · The company reported third quarter earnings per share of $1.55, which beat an estimate of $1.45 from analysts. Here’s a look at how the company’s segments performed in …

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AI Fuels Alphabet’s Q3 Earnings And Cloud Growth

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Oct 31, 2024 · The company’s Cloud division, a growing player in Alphabet’s portfolio, posted a 35% revenue increase, reaching $11.35 billion—a pace that exceeded analyst expectations. …

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Alphabet's Stock Jumps After Earnings Beat, Amid Strength In The …

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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 ...

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Alphabet Q3 Results Beat Analyst Estimates As Cloud Revenue Soars …

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Google Cloud revenue jumped 35% year-over-year to $11.35 billion from $8.41 billion in the period-year period, above consensus estimates. In a post-earnings note, Jefferies analysts …

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Alphabet Reports 15% Revenue Surge In Q3 Driven By Google …

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Oct 30, 2024 · Alphabet Reports 15% y/y Revenue Increase in Third Quarter. Alphabet Inc.’s consolidated revenue surged by 15% year-over-year, driven by robust performances across its …

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Alphabet Stock Jumps On Q3 Earnings, Cloud Growth

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Alphabet's (GOOG, GOOGL) stock surged 6% after it reported third-quarter earnings that exceeded analysts' estimates, driven by strong cloud business growth. The company posted …

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Alphabet’s Strong Q3 Earnings Signal Growth In AI And Cloud …

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Oct 31, 2024 · 1. Robust Revenue Driven by Search and Cloud Alphabet’s Q3 revenue reached $88.3 billion, marking a 15% increase year-over-year. Notably, Google Cloud’s revenue …

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Alphabet Shares Close Above $200 For First Time On Split-adjusted …

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Jan 24, 2025 · Investors are growing more bullish on Alphabet as the company speeds up its AI development.

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Alphabet Stock Falls As Q3 Revenue And Earnings Beat, But Cloud ...

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Oct 25, 2023 · But Google’s cloud business fell short of Wall Street's estimates, topping out at $8.41 billion in the quarter versus expectations of $8.6 billion. Shares of Alphabet fell more …

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Alphabet Inc. (GOOG) Sees 34% Net Income Growth In Q3 2024, …

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3 days ago · Alphabet Inc. (GOOG) Sees 34% Net Income Growth in Q3 2024, Boosted by Strong Search, Cloud Performance, and AI Innovations Usman Kabir Wed, Jan 29, 2025, 9:57 PM 6 …

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Atlassian Stock Surges On Big Cloud Beat. AI Could Be Its Next

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1 day ago · IBM’s strong Q4 earnings, driven by AI momentum, set off a 12% stock surge as CEO Arvind Krishna highlighted DeepSeek’s success as validation of Big Blue’s open-source AI …

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Microsoft Stock: Earnings Beat Overshadowed By AI Spending And ...

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22 hours ago · Microsoft shares dropped 4% post-Q2 2025 results, despite Microsoft results beating estimates on both topline and earnings: Q2 FY2025 saw 12% revenue and 10% EPS …

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FAQs about Alphabet Stock Surges as Cloud Business Drives Q3 Earnings Beat Coupon?

Why did alphabet's stock surge 6% in morning trading?

Alphabet's (GOOG, GOOGL) stock surged 6% in morning trading Wednesday after the Google parent reported fiscal third quarter earnings that beat analysts' estimates on the top and bottom lines, helped by strong growth in its cloud business. ...

Did alphabet Q3 results beat analyst estimates?

Alphabet Q3 results beat analyst estimates as cloud revenue soars; shares jump AMD stock slumps over 9% as fourth-quarter guidance trails analysts' expectations ...

How did alphabet stock perform after earnings release?

Alphabet shares were marked 5.5% higher in after-hours trading immediately following the earnings release to indicate a Wednesday opening bell price of $180.42 each, a move that would extend the stock's 2024 gain to around 28%. Impressive gains for Google cloud could ease concerns over the surge in AI spending. ...

How did alphabet (GOOG) perform in early US trading?

Alphabet (NASDAQ:GOOG) jumped more than 6% in early US trading Wednesday. The company reported earnings of $2.12 per share on revenue of $88.27 billion. That compared with expectations for earnings of $1.84 per share on revenue of $86.37 billion. The beat on the top and bottom lines comes as revenue in its core advertising business grew. ...

How did alphabet stock perform in extended trading?

Alphabet shares rose more than 5% in extended trading following the report. The stock has gained 21% this year. Sales in the cloud division jumped to $11.4 billion, a 35% rise from the year-ago period and better than analysts had projected. ...

How did Google's Cloud revenue compare to alphabet's 'Mag 7'?

Google cloud revenues, however, were only up were up 22.5% at $8.41 billion. Google parent Alphabet, like most of its Mag 7 peers, is expecting a big boost in capital spending on AI projects over the coming years. “The momentum across the company is extraordinary. ...