Alphabet still gets around 85% of its revenue from high-margin advertising and services, but eyes remain on the cloud because ...
Once a money-losing backwater, Google Cloud has become one of Alphabet's fastest-growing businesses, powered by massive bets on AI and years of costly investment in datacenters, custom chips, and ...
Google parent Alphabet reported second-quarter earnings after market close Wednesday that surpassed Wall Street’s expectations, as the company cited a boost from its cloud and search business ahead of ...
Being Google's parent should be enough for Alphabet, even if it doesn't ultimately dominate the quantum chip market.
Net income: $34.98 billion, a 33% increase compared to $26.3 billion a year ago. Earnings per share: $2.87 per share, compared to $2.27 per share expected from analysts estimates compiled by Yahoo ...
Alphabet had easier remedies for its Google Search subsidiary in its monopoly court case. The company now faces challenges in AI, in which it is competing well. Even at an all-time high share price, ...
Alphabet shares soared Wednesday after a federal judge spared its subsidiary Google from a forced breakup in its landmark antitrust battle — fueling a Wall Street rally that outraged critics blasted ...
BRUSSELS (Reuters) -Alphabet's Google is set to be hit with an EU antitrust fine over its adtech practices later on Friday, three sources with direct knowledge of the matter said. The European ...
Alphabet Inc., Google’s parent company, achieved a remarkable landmark by surpassing $100 billion in quarterly revenue for ...
Investors spent the early part of this year worried about Alphabet Inc.’s artificial-intelligence positioning and Google’s potential to be disrupted by Department of Justice scrutiny. Now with Gemini ...
Investors celebrated after Alphabet Inc.’s Google avoided the worst-case scenario of divesting Chrome in last week’s antitrust ruling, with the stock soaring over 8% after the judge’s decision.
Google parent Alphabet hit a market capitalization of $3 trillion for the first time on Monday, riding on renewed optimism around artificial intelligence and a favorable antitrust ruling. Class A ...