Alphabet quarterly revenue tops $100 billion for first time
Update: 2025-10-30
Description
Alphabet's Q3 results showcase impressive growth, with revenue surpassing $100 billion for the first time, driven by strong advertising and cloud services. Despite significant spending on AI infrastructure and cloud technology, Alphabet's operating income climbed 22%. The company's AI-powered features and tools, along with a favorable court decision, boosted investor confidence, leading to a 5% increase in after-hours trading and a 44% year-to-date share growth.
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