AINYT Technologyabout 1 hour ago
Alphabet Revenue Rises 25% as Profit Falls
2 min read
Alphabet reported 25% revenue growth to $127.6 billion in the July-September 2026 quarter, driven by a 103% surge in Google Cloud revenue to $30.7 billion. However, net income fell to $26.5 billion due to an $8.2 billion loss on equity securities. CEO Sundar Pichai noted the Gemini app reached 1 billion users while AI investments drive search growth.
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