"Anticipating Alphabet's Q4 2023 Earnings: AI, Cloud, and Ad Performance Insights"

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Source: MarketWatch
"Anticipating Alphabet's Q4 2023 Earnings: AI, Cloud, and Ad Performance Insights"
Photo: MarketWatch
TL;DR Summary

Analysts and investors expect Google parent company Alphabet Inc. to report strong fourth-quarter results, with a surge in advertising revenue. Analysts anticipate earnings of $1.59 per share and total revenue of $85.3 billion. Google's dominance in search and advertising sales is expected to be the primary revenue driver, with expectations of stronger ad spending due to healthy holiday e-commerce performance. However, concerns about regulatory risks and emerging AI developments remain, and investors will be focused on operating margins and the company's commentary on the first quarter.

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