US EditionGoogle 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
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…
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.
Google’s Parent Firm Alphabet Beats Estimated Q1 Earnings As YouTube’s Ad Revenue Surges to $8.9 Billion
Popular video streaming platform YouTube is on a roll as the company continues to gain major ad revenue around the globe. The figures hit $8.9 billion in Q1 of this year, which is a massive 10.3% YoY jump. But that’s not all. Google’s parent firm Alphabet, soared to success after topping the Q1 2025 earnings estimates.Advertising sales revenue for YouTube was just a little short of expectations from analysts, reaching $8.9 billion during Q1. Int…
A good 34 billion dollars in profit and 90 billion dollars in sales: The Alphabet Group is doing well. The cloud is growing above average, but the advertising business remains the most important source of revenue.
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