Google parent Alphabet beats quarterly revenue estimates
- Alphabet released its first-quarter earnings report Thursday afternoon.
- The company achieved these results despite facing competitive, legal, and economic challenges including trade war impacts.
- Investment in artificial intelligence infrastructure grew, and the company announced a significant stock repurchase and dividend increase.
- Net income surged 46 percent to $34.5 billion as revenue rose 12 percent to $90.2 billion, exceeding estimates.
- The robust results boosted shares in after-hours trading, demonstrating search and cloud strength.
195 Articles
195 Articles
Google-parent Alphabet reports higher than expected sales
Google’s parent-company Alphabet has revealed the company gained a stronger-than-expected profit in the first quarter, as artificial intelligence (AI) helped improve advertising growth in its search business. Alphabet reported revenue of $90.23 billion and earnings per share of $2.81. The company’s shares rose as much as 4%, revenue growth exceeding expectations. This report came amidst an important week for big tech, where Alphabet was among ot…
Rosenblatt Securities Cuts Alphabet (NASDAQ:GOOGL) Price Target to $189.00
Alphabet (NASDAQ:GOOGL – Free Report) had its price objective decreased by Rosenblatt Securities from $205.00 to $189.00 in a report published on Friday, Marketbeat.com reports. Rosenblatt Securities currently has a neutral rating on the information services provider’s stock. A number of other research analysts have also weighed in on GOOGL. Citigroup dropped their price target on shares of Alphabet from $229.00 to $195.00 and set a “buy” rating…
Google Q1 2025 earnings reveal advertising strength amid AI transformation
Detailed analysis of Google parent company's advertising performance as AI initiatives reshape search, YouTube, and ad technology. Continue reading this article on ppc.land. Sign up the PPC Land newsletter to get the latest marketing news.
AI search wars? Google still dominates as Alphabet’s revenue jumps 46% to $90 billion - Tech Startups
Despite mounting fears that AI-powered search engines could erode Google’s dominance, Alphabet crushed expectations in Q1 and delivered a resounding message: the empire is still standing strong. In its latest quarter, Alphabet stunned Wall Street with a 46% profit spike […] The post AI search wars? Google still dominates as Alphabet’s revenue jumps 46% to $90 billion first appeared on Tech Startups.
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