Gildas Omont @MaisonHarkonnen: "$GOOGL : Quarterly..."

France

Edited

$GOOGL (Alphabet Inc Class A) : Quarterly Results Exceed Expectations Alphabet, Google’s parent company, once again impressed Wall Street with $102.35 billion in revenue for the third quarter, surpassing analyst forecasts ($99.89 billion). This strong performance was driven by sustained growth in advertising and Google Cloud, which reported $15.16 billion in revenue, fueled by demand for AI-powered infrastructure and services. Google Cloud is steadily closing the gap with competitors Microsoft Azure and $AMZN (Amazon.com Inc) Web Services, thanks to the adoption of solutions like Vertex AI and its custom Tensor processing units. However, competition is heating up, with price cuts and advancements in generative AI. On the advertising front, despite economic uncertainty, Alphabet benefits from advertisers returning to established platforms, shifting away from players like $SNAP (Snapchat Inc) . A major challenge looms with the launch of Atlas, an AI-powered browser by $MSFT (Microsoft) and OpenAI, directly threatening Google’s dominance in search. In summary, Alphabet remains strong but must innovate to stay ahead in an increasingly competitive landscape. $GOOG (Alphabet)

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