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Alphabet Q3 Earnings Surpass Expectations with Strong Ad Revenue and Cloud Growth

Alphabet Inc. reported robust third-quarter earnings that exceeded Wall Street forecasts, as the tech giant’s core advertising revenue grew significantly, allaying concerns over potential threats from AI-driven competitors. Following the report, Alphabet’s stock surged over 5% in premarket trading on Wednesday. For Q3, Alphabet recorded earnings of $2.12 per share, …

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Alphabet’s Q2 Results Beat Expectations, Driven by Strong Search and Cloud Performance

Alphabet Inc. reported its second-quarter financial results on Tuesday, exceeding analyst expectations with notable strengths in its Search and Cloud divisions. The tech giant posted adjusted earnings per share (EPS) of $1.89, surpassing the consensus estimate of $1.83. Revenue for the quarter reached $84.74 billion, outpacing the average analyst projection …

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US Stocks’ Recent Uptrend halted Ahead of Tech Giants’ Earnings

Stocks’ rally to record highs in 2024 has come to a pause as corporate earnings season begins to highlight the market’s true potential; Attention is now turning to the profits of the technology sector, especially the so-called “Great Seven”, the technology giants: Apple, Microsoft, Meta Platforms, Amazon, Tesla, Alphabet (the …

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