Alphabet Shows Strong Earnings Growth Fueled by AI and Cloud Expansion
Alphabet’s recent earnings report revealed impressive growth in its core business, with enhanced user engagement and more effective ads powered by artificial intelligence. Additionally, the company is making strides in the cloud market. In this video, Travis Hoium highlights the key numbers that investors should focus on.
*Stock prices referenced were end-of-day prices from Oct. 30, 2024. The video was published on Oct. 30, 2024.
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Randi Zuckerberg, former market development director for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, serves on The Motley Fool’s board. Additionally, Suzanne Frey, an executive with Alphabet, is also on the board. Travis Hoium has investments in Alphabet and Snap. The Motley Fool holds positions in and recommends Alphabet, Apple, and Meta Platforms. The Motley Fool follows a disclosure policy. Travis Hoium is affiliated with The Motley Fool and may receive compensation for promoting its services. Any subscriptions through their link help support their channel without altering their opinions.
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
