Alphabet’s revenue boosted by cloud computing, search ads

Jul 23, 2024 · Investor concerns around Alphabet’s spending detracted from better-than-expected sales in the quarter, which were boosted by demand for cloud-computing services and search …

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Alphabet Q4 2024: Ad Strength Overshadowed By Cloud Revenue …

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3 days ago · The News: Alphabet Inc. (NASDAQ:GOOGL) announced Q4 2024 revenue of $96.5 billion (in line with consensus estimates), showcasing a 12% year-on-year (YoY) growth driven …

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AI, Cloud Boost Alphabet Profits By 34 Percent - Ars Technica

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Oct 30, 2024 · Revenue at Alphabet’s core search and advertising businesses rose 10 percent to $65.9 billion. While the rate of growth slowed slightly, it showed little impact from AI chatbot …

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Alphabet’s Strong Third Quarter Earnings Underscore AI-powered …

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Oct 30, 2024 · The boost was helped by Google’s Cloud division, which increased revenue by 35% year-on-year and brought in $11.35 billion for the quarter, beating analysts expectations. …

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Alphabet's AI Investments Boost Cloud Sales, Lifts Maturing Ad …

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Oct 29, 2024 · Google parent Alphabet said on Tuesday its AI investments were "paying off" as it reported a 35% surge in its cloud business and U.S. election-related spending lifted YouTube …

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Google Cloud Boosts Alphabet To Double-digit Revenue Growth As …

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Oct 29, 2024 · Alphabet's focus on keeping costs in check, meanwhile, helped boost net income 34% from the year-ago period, to $26 billion, or $2.12 per share. Alphabet shares rose 5.3% to …

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Alphabet Poised For Double-Digit Q2 Growth Amid AI Surge

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Jul 22, 2024 · Alphabet's second-quarter cloud computing sales and advertising revenue are expected to grow 26.4% and 10.8%, respectively, according to LSEG data, largely similar to …

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Google Cloud Revenue Soars As Alphabet Continues To Ride AI Wave

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3 days ago · Alphabet CEO Sundar Pichai has committed to continue investing in its cloud arm, as the firm’s fourth-quarter results confirmed Google Cloud’s revenue increased by 30% to …

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Alphabet Quarterly Cloud Revenues Surpass $10B For First Time

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Jul 24, 2024 · Alphabet, the parent of Google, had solid results in its second quarter, with revenues of US$85 billion, driven by Search, as well as Cloud, which the company said …

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Alphabet Plans Massive Capex Hike, Reports Cloud Revenue Growth …

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3 days ago · Alphabet said on Tuesday it will spend $75 billion on its AI buildout this year, 29% more than Wall Street expected, and investors signaled disappointment at a missed cloud …

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Google Stock Falls As Q4 Earnings Meet Estimates, Revenue Light ...

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3 days ago · Analysts expect AI to boost Meta advertising revenue in 2025. ... Google said cloud-computing revenue rose 30% to $11.95 billion, missing estimates of $12.19 billion. ... Alphabet …

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Alphabet Stock Tumbles After Cloud Revenue Miss, Spending Growth

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4 days ago · Advertising revenue topped out at $72.4 billion versus expectations of $71.7 billion, while Google Cloud revenue hit $11.9 billion in revenue, falling short of the $12.1 billion Wall …

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Alphabet Plans Significant Capital Expenditure Hike As Cloud …

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3 days ago · Alphabet GOOGL.O said on Tuesday it will spend $75 billion on its AI buildout this year, 29% more than Wall Street expected, and investors signaled disappointment at a missed …

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Alphabet Falls On Cloud Growth Fears | The Motley Fool

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3 days ago · Google cloud revenue: $9.19 billion ... to offset any competitive challenges to Alphabet's core search business. ... in the short run based on quarterly results, but Alphabet …

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FAQs about Alphabet’s revenue boosted by cloud computing, search ads Coupon?

What's going on with alphabet's cloud revenue?

The company reported blowout cloud revenue at $11.35 billion, up nearly 35% from the $8.41 billion a year ago. Alphabet's chief financial officer says the company plans to build on existing cost-cutting efforts around using AI to streamline workflow and manage headcount and the company's physical footprint. ...

Did alphabet's first-quarter revenue exceed analysts' expectations?

Alphabet Inc. reported first-quarter revenue that exceeded analysts’ expectations, buoyed by growth in its cloud computing unit. ...

How did alphabet's cloud performance compare to last year?

Alphabet's revenue grew 15% year over year, which is stronger than the same quarter last year. The company reported blowout cloud revenue at $11.35 billion, up nearly 35% from the $8.41 billion a year ago. The company attributed its strong cloud results to its artificial intelligence offerings, which include subscriptions for enterprise customers. ...

Why did Google's Alphabet stock leap 12 percent in 2024?

Google's parent Alphabet on April 25, 2024 trounced revenue and profit expectations for the first quarter of this year, causing shares to leap more than 12 percent. Alphabet reported profit of $23.7 billion on revenue of $80.5 billion, crediting growth in cloud computing, YouTube, and online search advertising. ...

Will Google Cloud boost alphabet's growth?

Google still trails Amazon.com Inc. and Microsoft in the cloud computing market, but in the past year, the unit has attracted business from artificial intelligence startups. Investors are also eyeing Google Cloud as the unit with the most potential to boost growth at Alphabet overall, especially as its search business matures. ...

Did alphabet Miss Google Cloud revenue targets?

However, Alphabet shareholders had anticipated Google Cloud revenue well above the $12 billion mark, making the actual figures a bit of a disappointment. Investors weren't pleased with Alphabet's missed targets. ...