Alphabet's pricey AI bet pays off with growth in cloud, search
Revenue, excluding partner payouts, increased to $74.6 billion, up about 16% from Q3-2023
Results from Alphabet and Snap lift shares of online ad sellers
Online ad sellers added over $100 billion stock market value late on Tuesday after upbeat quarterly results from Alphabet, Reddit and Snap lifted investor optimism ahead of reports from Amazon and Meta Platforms.Alphabet's stock rallied 4 per cent in extended trade after it topped quarterly revenue expect
Google Parent Alphabet's Stock Pops as Cloud Revenue Soars on AI Demand
Google parent Alphabet reported third-quarter results that topped analysts' estimates, sending shares higher after the bell Tuesday.
Google parent Alphabet beats revenue estimates on strong ad sales
Google parent Alphabet topped third-quarter revenue expectations on Tuesday, helped by a 10 per cent jump in its digital advertising business and an AI-driven jump in demand for its cloud services.Alphabet shares, which closed up 1.8 per cent on Tuesday, were up 4 per cent in after-hours trading. The stoc
Google CEO Says AI Investments Are 'Paying Off'
In Google parent Alphabet’s latest quarterly update, CEO Sundar Pichai told investors the tech giant's investments in AI are paying off, sending shares higher.
Reddit (RDDT) Q3 2024 earnings results beat EPS and revenue expectations
The company claims its revenue was up 68 percent year-over-year.
Google (GOOGL) Q3 2024 earnings results beat EPS and revenue expectations
Google's latest financial quarter showed a strong beat on both fronts.
Google (GOOGL) reports $8.92 billion of YouTube ad revenue in Q3 2024
YouTube ad revenue was up about $0.7 billion year-over-year from Q3 2023.
Google parent Alphabet beats quarterly revenue estimates
:Alphabet topped third-quarter revenue expectations on Tuesday, helped by steady growth in its digital advertising business and an AI-driven jump in demand for its cloud services.Shares of the company rose 3 per cent in extended trading. Digital advertising sales - the biggest chunk of Alphabet's total
YouTube Q3 Ad Revenue Beats Forecasts, Rising 12% to $8.92 Billion
YouTube generated a cool $8.92 billion in ad revenue for Q3 2024, as it continues to turn in double-digit growth on already big numbers.
Alphabet's AI investments boost cloud sales, lifts maturing ad business
Google parent Alphabet said on Tuesday its AI investments were "paying off" as it reported a 35 per cent surge in its cloud business and U.S. election-related spending lifted YouTube ad sales in the third quarter.Alphabet shares rose nearly 6 per cent in after-market trading on Tuesday. Shares of Amazon a
Google parent Alphabet's AI spending boosts cloud business, ad sales
Google parent Alphabet topped third-quarter revenue and earnings expectations on Tuesday, helped by an 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 tradin
Reddit shares jump 22% as AI deals boost quarterly revenue forecast
:Reddit on Tuesday reported its first quarterly profit and forecast fourth-quarter revenue above estimates, helped by its AI content licensing deals and strong digital advertising spending, sending its shares up 22 per cent in extended trading.Reddit's results, its third after going public in March, stoke con
Alphabet stock leaps as Google parent crushes Q3 earnings
Alphabet posted stronger-than-expected third quarter earnings Tuesday, including an outsized surge in revenues for its flagship cloud division, as the tech giant looks to ease investor concern over a surge in capital spending on AI-related technologies.
Reddit shares jump 19% as AI deals boost quarterly revenue forecast
Reddit on Tuesday reported its first quarterly profit and forecast current-quarter revenue above Wall Street estimates, helped by its AI content licensing deals and strong digital advertising spending.Shares of the company, popular for its user-led communities known as subreddits, rose 19 per cent in exte
Reddit forecasts quarterly revenue above estimates, shares jump 17%
Reddit forecast fourth-quarter revenue above Wall Street estimates on Tuesday, helped by its AI content licensing deals and strong digital advertising spend.Shares of the San Francisco-based company, popular for its user-led communities known as subreddits, rose more than 17 per cent in extended trading.
Snapchat (SNAP) Q3 2024 earnings results beat EPS expectations on slight revenue miss
The company was up year-over-year for revenue, but didn't quite make the analyst expectation for the quarter.
Google delivers a big earnings beat
Alphabet, Google's parent company, reported its third-quarter earnings on Tuesday.The company beat on revenue, EPS, its ads business, and Google Cloud
Alphabet shares rise on earnings beats boosted by cloud revenue
Google parent Alphabet reported third-quarter earnings that beat on top and bottom lines.
last updated on 30 Oct 07:22