Alphabet posts first-ever quarter with $100 billion in revenue
Update: 2025-10-30
Description
Alphabet, Google's parent company, has reached a significant milestone with over $100 billion in quarterly revenue, marking a 16% increase and a 33% rise in profits compared to last year. Despite legal battles and emerging competition, investors are optimistic, with the stock price surging by 6% after the announcement. Alphabet's focus on AI, with features like Gemini, is driving growth, and the company plans to invest up to $93 billion in capital expenses this year.
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