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The Latest Breaking News from Alphabet

Microsoft sails as AI boom fuels double-digit growth in cloud business

Revenue from Azure cloud business increased by 22% as company focuses attention on artificial intelligence

The Guardian - US

Stock Market Today: Stocks Slide as Solid GDP and Softer Inflation Vex Rate Cut Bets

Encouraging economic news damped hopes for accelerated rate cuts.

Kiplinger

Google now uses AI to write 25% of its new code — Alphabet CEO Sundar Pichai underlines the company's role in the AI industry amidst strong Q3 24 financials

Sundar Pichai reports that artificial intelligence is responsible for writing 25% of Google's code.

Tom’s Hardware

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Alphabet's Q3Free Cash Flow Surges - Options Activity Provide Good Income Plays

Alphabet reported strong Q3 revenue and free cash flow (FCF) growth. Its FCF margin surged to 20%, up from 16% in Q2. This could push the value of GOOG stock up to $3 trillion over the next year to $244 per share.

Barchart

If You'd Put $1,000 Into Google Stock 20 Years Ago, Here's What You'd Have Today

Google parent Alphabet has been a market-beating machine for ages.

Kiplinger

Google Thrives Amid AI Shift And Regulatory Battles

Google's financial success driven by AI innovation amidst regulatory challenges. Strong performance and investment in AI position Google as a tech industry...

Top News

One Analyst Says Alphabet Remains a Top Stock Pick After Earnings. Here's Why

Alphabet stock is higher after the Google parent reported strong advertising and cloud growth in Q3. Here's why one analyst thinks there's more to come.

Kiplinger

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Tech Stock Strength Lifts the Broader Market

The S&P 500 Index ($SPX ) (SPY ) today is up +0.17%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.35%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.16%. Strength in tech stocks today is lifting the broader market. Alphabet is up more...

Barchart

Over 25% of Google's code is written by AI, Sundar Pichai

Demand for AI offerings from Alphabet's cloud business helped drive an impressive revenue and earnings beat.

Fortune

Stocks Turn Lower on Negative Corporate News

The S&P 500 Index ($SPX ) (SPY ) today is down -0.27%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.03%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.50%. Stocks today gave up overnight gains and turned lower on some negative corporate news....

Barchart

Nasdaq Futures Climb on Upbeat Alphabet Results, U.S. GDP Data and More Big Tech Earnings on Tap

December Nasdaq 100 E-Mini futures (NQZ24) are trending up +0.28% this morning as strong quarterly results from Alphabet boosted sentiment, while investors also awaited a fresh batch of U.S. economic data and earnings reports from “Magnificent Seven” companies Microsoft and Meta.

Barchart

FTSE 100 Live 30 October: Next forecasts £1bn profit, GSK vaccine sales weakness hits shares

A £1 billion profits landmark for Next and strong trading at Standard Chartered today provided FTSE 100 cheer during another painful session for GSK investors.

Evening Standard

US tech stocks send Nasdaq to hit record high, as Alphabet beats forecasts

Tech-heavy Nasdaq Composite Index rises 0.8 percent as investors bet on strong earnings from Meta, Amazon and Microsoft.

Al Jazeera

Google Reports Strong Growth Driven By AI, Cloud

Google's parent company Alphabet reported robust third-quarter results on Tuesday, with revenue climbing 15 percent year-over-year to $88.3 billion, powered by strong performance from its crucial advertising business and growth in cloud services.

International Business Times

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Fortune

Google cloud boosts Alphabet to double-digit revenue growth as CEO Pichai says AI investment is paying off

The company behind Google and YouTube on Tuesday revealed its third-quarter financial performance.

The Guardian - US

Google parent Alphabet sees double-digit growth as AI bets boost cloud business

Analysts expected 12% year-on-year revenue gains, but company reports 15%, buoyed by performance in ads and cloud services

Barchart

Stocks See Support from Positive US Consumer Confidence Report and Tech Stocks

The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed up +0.16%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.36%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.98%. Stocks on Tuesday saw support from the stronger-than-expected US consumer confidence report. Higher...

Android Central

Alphabet Q3 2024 earnings show its focus on AI is paying off

Alphabet reported its Q3 2024 financial earnings, revealing strong revenue growth across its most important segments.

Get all your
news in one place.

100’s of premium titles.
One news app.

Kiplinger

Stock Market Today: Nasdaq Hits New High Ahead of Alphabet Earnings

The Google parent is one of several mega caps reporting earnings this week, with results due out after Tuesday's close.

The Guardian - UK

EU events on curbing big tech ‘distorted’ by attenders with industry links

Campaigners say 21% of people at workshops did not disclose on their applications relationships with firms being discussed

Latin Times

Asian Markets Fluctuate With Eyes On Megatech Results

Investors are eyeing the earnings reports of five of the "Magificent Seven" tech giants due this week, including Google parent Alphabet, Amazon, Apple, Facebook-parent Meta, and Microsoft.

Barchart

Stock Index Futures Tread Water Ahead of U.S. JOLTs Report, Alphabet Earnings on Tap

December S&P 500 E-Mini futures (ESZ24) are up +0.06%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.08% this morning as market participants geared up for the latest reading on U.S. job openings while also awaiting a deluge of corporate earnings reports from heavyweight names.

International Business Times

Asian Shares Rise As Markets Await Tech Results

Asian markets mostly rose Tuesday with investors looking ahead to the release of US economic data and the earnings reports of tech titans this week.

Barchart

Stocks Close Higher on Reduced Middle East Risks

The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +0.39%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.68%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.12%. Stocks rallied Monday on reduced Middle East geopolitical risks after Israel over the...

Fortune

Citi moves infrastructure to Google Cloud as part of broader AI push

Citigroup's financial infrastructure powers much of the global economy, but is difficult to upgrade. A move to Google Cloud announced today could change that.

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