Reported about 12 hours ago
Alphabet, Google's parent company, reported a record third-quarter revenue of $102.3 billion, surpassing Wall Street estimates and marking the first time the company exceeded $100 billion in revenue. With all segments, including Google Search and Cloud, showing significant year-over-year growth, Alphabet's shares rose by over 5% in after-hours trading, reflecting a strong performance amid concerns about competition from AI chatbots.
Source: YAHOO