Alphabet

Cloud computing continues to drive revenue growth for Microsoft and Alphabet in latest earnings reports.

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Cloud computing continues to drive revenue growth for Microsoft and Alphabet in latest earnings reports.

“ Microsoft’s cloud business played a significant role in driving overall growth for the tech giant in the latest quarter, as an increasing number of customers utilized the company’s cloud services for their AI-powered platforms and tools. Microsoft’s cloud revenue in the first fiscal quarter was $38.9 billion, marking a 22% year-over-year increase. A substantial … Read more

Alphabet, Google’s parent company, reports double-digit revenue growth in Q3 earnings

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Alphabet, Google’s parent company, reports double-digit revenue growth in Q3 earnings

“ Google parent Alphabet exceeded revenue expectations on Wall Street in the third quarter financial results released on Tuesday, showing strong growth in the company’s main businesses and hinting at the potential benefits of its ongoing AI efforts. The company reported a 15% increase in revenue to $88.3 billion in the third quarter, surpassing Wall … Read more