Google's Cloud Bet Is Paying Off - Here's Why More Upside Is Ahead

3 days ago · Google's Cloud Bet Is Paying Off - Here's Why More Upside Is Ahead Jan. 29, 2025 2:10 PM ET Alphabet Inc. (GOOG) Stock , GOOGL Stock , GOOG:CA Stock AAPL , AMZN , …

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Google’s Bet On A.I. Search And Cloud Is Paying Off - MSN

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Google Cloud generated $10.3 billion in revenue, up 29 percent from the same quarter last year, as the demand for A.I. infrastructure and generative A.I. tools like Google Workspace, Vertex …

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Alphabet’s AI Bet Bodes Well For Long-Term GOOG Stock Investors

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Aug 2, 2024 · Alphabet’s second-quarter results provide hard proof its AI bets are paying off hugely. Total revenue grew 14% year-over-year to $85 billion . Strength came from Search, …

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Google Cloud Will Drive Future Profits And Upside In Alphabet Stock

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Jun 15, 2022 · Google Cloud lost $931 million in the last quarter, $43 million more than a year earlier. All that may be about to change, though. Google is expanding its software services into …

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FAQs about Google's Cloud Bet Is Paying Off - Here's Why More Upside Is Ahead Coupon?

Is Google Cloud a good investment for alphabet?

Its Google Cloud revenues jumped 35% year-on-year to $11.4 billion, with Alphabet saying it saw growth across its AI infrastructure and generative AI products. “The long-term focus and investment in AI are paying off and driving success for the company and for our customers,” Alphabet and Google CEO Sundar Pichai said on an Oct. 29 earnings call. ...

How much money does Google Cloud make a year?

Google Cloud generated $10.3 billion in revenue, up 29 percent from the same quarter last year, as the demand for A.I. infrastructure and generative A.I. tools like Google Workspace, Vertex AI and AI Studio hosted on its servers continues to grow. Google Cloud customers include Uber (UBER), Walmart, and Goldman Sachs (GS) . ...

What are Google services & Google Cloud & other bets segments?

It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. ...

Should you invest in Google Cloud?

Google Cloud is a thriving business with the potential to outperform its competitors and become a leader in the industry. Its cloud unit has several advantages, including AI expertise, vast data centers, and innovative products and services. Consider investing in Alphabet if you believe in continued growth in AI and the cloud-computing market. ...

How profitable is Google's Cloud segment?

Let's examine the Cloud segment. It became EBIT positive starting in Q1 FY2023 and reached an 11% EBIT margin on $10.3bn in sales during the last quarter. While this is encouraging and adds to Google's profitability in the future (J-curve), we can note that Amazon (AMZN) AWS was more profitable when reaching $10bn sales (see below, 30% margin). ...

Does Google's AI pay off?

·Fortune Google parent Alphabet topped Wall Street revenue targets on Tuesday in third-quarter financial results that showed strong growth in the company's core businesses and offered a glimpse of the potential payoff from its long-running AI efforts. ...