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Alphabet's Q3 Earnings Soar Amid AI and Cloud Growth

  • Alphabet reported $88.27 billion in revenue, surpassing analyst expectations of $86.44 billion.
  • Earnings per share (EPS) hit $2.12, beating the forecasted $1.83.
  • Google Cloud revenue rose to $11.35 billion, exceeding the anticipated $10.79 billion.
  • Advertising revenue reached $65.85 billion, up from $59.65 billion in Q3 2023.
  • Alphabet's stock increased by more than 3% in after-hours trading.

Source: Mint, Times Now News

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