Alphabet Google Cloud Revenues Increased 35%, Google Services Revenues Increased 13%
Portfolio Pulse from Benzinga Newsdesk
Alphabet's Google Cloud revenues increased by 35%, while Google Services revenues saw a 13% rise.
October 29, 2024 | 8:03 pm
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POSITIVE IMPACT
Alphabet's Google Cloud and Google Services have shown significant revenue growth, with increases of 35% and 13% respectively.
The substantial growth in Google Cloud and Google Services revenues is likely to positively impact Alphabet's stock price. Investors may view this as a sign of strong performance and potential for future growth.
CONFIDENCE 95
IMPORTANCE 85
RELEVANCE 90
POSITIVE IMPACT
Alphabet's Google Cloud and Google Services have shown significant revenue growth, with increases of 35% and 13% respectively.
The substantial growth in Google Cloud and Google Services revenues is likely to positively impact Alphabet's stock price. Investors may view this as a sign of strong performance and potential for future growth.
CONFIDENCE 95
IMPORTANCE 85
RELEVANCE 90