Alphabet Surges 6% on Strong Q3 Earnings and Cloud Growth
TL;DR Summary
Alphabet's Q3 earnings exceeded expectations with revenue surpassing $100 billion for the first time, driven by broad growth across segments and a 33% increase in net income. The company also raised its 2025 capital expenditure forecast to $91-93 billion, reflecting strong investment in AI and cloud services, leading to a 6% stock jump in after-hours trading.
- Alphabet earnings: Key takeaways as stock jumps 6% amid broad growth, capex increase (GOOG:NASDAQ) Seeking Alpha
- Alphabet set to report Q3 earnings after the bell Wednesday CNBC
- Alphabet tops $100B in quarterly revenue amid cloud, YouTube growth Axios
- Google Revenue Soars as AI Boom Lifts Cloud Business The Wall Street Journal
- Alphabet earnings are here. Here are the numbers that matter the most. MarketWatch
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