Alphabet (GOOGL) Tumbles As Cloud Business Falls Short

Alphabet (GOOGL) tumbles as its 3Q earnings and revenue beat but its cloud business falls short. GOOGL’s 3Q adjusted EPS came in at $1.55 versus an estimated $1.45 and its revenue came in at $76.69B versus an estimated $75.81B. The GOOGL CEO noted that they are focused on making A.I. more helpful for everyone. Alex Coffey and Jenny Horne discuss what these earnings mean for GOOGL and mega caps. Tune in to find out more about the stock market today.

Next Gen Investing

26 Oct 2023

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