Google parent Alphabet posts 29% jump in profit on digital ad …

Jul 23, 2024 · Advertising sales, Alphabet’s chief revenue source, rose 11% to $64.6 billion. CEO Sundar Pichai, above. AP. Alphabet reported capital expenditures of $13 billion in the June …

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Google Parent Alphabet Posts 29% Jump In Profit On Digital Ad …

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Jul 23, 2024 · Advertising sales, Alphabet’s chief revenue source, rose 11% to $64.6 billion. CEO Sundar Pichai, above. AP. Alphabet reported capital expenditures of $13 billion in the June …

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Google Parent Alphabet Posts 29% Jump In Profit On Digital Ad …

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Jul 23, 2024 · News. Today's news; US; Politics; World; Tech. Reviews and deals ; Audio ; Computing ; Gaming

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Alphabet Reports 29% Jump In Profit As A.I. Efforts Begin To Pay Off

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Jul 23, 2024 · The company’s profit climbed 29 percent, to $23.6 billion, beating Wall Street’s expectation of $22.7 billion. The results reminded investors of the stability of Google’s …

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Alphabet Reports 29% Jump In Profit Despite Wiz Deal Setback, As …

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Jul 24, 2024 · The company’s profit climbed 29 per cent, to US$23.6 billion, beating Wall Street’s expectation of US$22.7 billion. The results reminded investors of the stability of Google’s …

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Google Parent Alphabet Beats Q2 Revenue, Profit Estimates On …

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Jul 23, 2024 · Strong adoption of generative artificial intelligence technology drove its cloud business. Advertising sales, Alphabet's chief revenue source, rose 11% to $64.6 billion.

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Alphabet Reports A 29% Jump In Profit - DNyuz

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Jul 23, 2024 · Analysts had estimated $10.2 billion. It is a slower pace of growth than in previous years. The division reported an operating profit of $1.2 billion in the second quarter, its biggest …

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Google Ads Gain Fuels Profit For Parent Company Alphabet

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Oct 26, 2021 · A continued rebound in digital ad spending at Google drove its parent company’s profit up 68% in the third quarter. Mountain View, California-based Alphabet Inc. said Tuesday …

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Google Parent Alphabet Revenue Jumps 15% On AI Investments

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Oct 29, 2024 · Google parent Alphabet topped third-quarter revenue and earnings expectations on Tuesday, helped by an AI-driven 35% surge in its cloud business as well as a jump in its …

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Alphabet Q4 2024 Earnings: YouTube Provides A Bright Spot

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4 days ago · YouTube ad revenue provided a bright spot in an otherwise mixed quarter for Google parent Alphabet. In the period ended December 31, the tech giant reported revenue of $96.5 …

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Google Parent Alphabet Shares Tank As Cloud Revenue Takes A Hit

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4 days ago · Alphabet said Tuesday it will spend $75 billion on its AI buildout this year, 29% more than Wall Street expected, while posting cloud revenue that missed analysts’ target. The tech …

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Google’s Ad Sales Slow Dramatically, Eroding Parent’s Profit

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Oct 25, 2022 · Alphabet Inc., which owns an array of smaller technology companies in addition to Google, on Tuesday posted revenue of $69.1 billion for the July-September quarter, a 6% …

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Alphabet Plans Massive Capex Hike, Reports Cloud Revenue Growth …

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4 days ago · Shares of the Google parent fell 9% in extended trading. Alphabet has gained about 9% so far this year. Wall Street had been expecting 2025 capital expenditures of about $58 …

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Alphabet's Stock Slides In The Wake Of A Revenue Miss And Huge AI ...

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4 days ago · One thing analysts called out in their first-look notes on Alphabet's results was that the company's $75 billion capital-expense forecast came in higher than what many were …

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Google Parent Alphabet Slides After Sales Miss Wall Street Estimates

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4 days ago · While Google Cloud services business posted a 30 per cent increase to almost $12bn, this was slower than the 35 per cent growth rate in the third quarter, and below the …

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What Analysts Think Of Google Parent Alphabet's Stock

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4 days ago · Jefferies recently maintained a “buy” rating and $235 price target for the stock, above the consensus compiled by Visible Alpha, writing that Alphabet’s “fundamentals appear to be ...

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FAQs about Google parent Alphabet posts 29% jump in profit on digital ad … Coupon?

How did Google's ad revenue compare to alphabet's?

Google’s ad sales weakened even more dramatically than Alphabet’s overall revenue. Ad revenue totaled $54.5 billion, up just 2.5% from the same time last year. ...

Is Google doing well if it doesn't buy alphabet?

On Tuesday, Google’s parent company Alphabet reminded investors that it’s doing just fine even without the deal. The tech giant reported strong revenue growth in its search advertising and cloud-computing businesses, raising its profit, though the increase in YouTube ad sales fell short of expectations. ...

Why did alphabet's ad revenue increase in the first quarter?

Finance chief Ruth Porat, who Alphabet announced would be stepping into a new role as president and chief investment officer, attributed margin growth to accelerating Search ad revenue, adding that the “vast majority” of costs related to cutting the workforce by 12,000 were taken in the first quarter. ...

Why did alphabet top third-quarter revenue and earnings expectations?

GOOGLE parent Alphabet topped third-quarter revenue and earnings expectations on Tuesday (Oct 29), helped by an artificial intelligence (AI) driven 35 per cent surge in its cloud business as well as a jump in its digital advertising revenue. Alphabet shares, which closed up 1.8 per cent on Tuesday, were up 4.4 per cent in after-hours trading. ...

How did Google's parent company perform?

Google’s parent company narrowly topped revenue and profit expectations, driven by its search engine and cloud unit, and it said A.I. investments were “driving new growth.” Google’s search engine and YouTube, its video platform, remain the two most visited websites in the world, according to Similarweb. Jason Henry for The New York Times ...

Why did Google pull back on alphabet?

Google pulled back on the technology in May to work out kinks. The technology will be rolled out to more countries, Alphabet CEO Sundar Pichai told investors on a call on Tuesday. “You’ll see us expand the use cases around it.” Alphabet reported capital expenditures of $13 billion in the June quarter. ...