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59 Alphabet Tops $100 Billion Quarterly Revenue For First Time

Slashdot
BeauHD @ Slashdot 1 place · today 06:00 EDT

Alphabet Tops $100 Billion Quarterly Revenue For First Time

Alphabet reported its first-ever $100 billion quarter, fueled by a 34% surge in Google Cloud revenue and booming AI demand. The tech giant also announced an increase in expected capital expenditures for the fiscal year of 2025. CNBC reports: "With the growth across our business and demand from Cloud customers, we now expect 2025 capital expenditures to be in a range of $91 billion to $93 billion," the company said in its earnings report (PDF) Wednesday. "Looking out to 2026, we expect a significant increase

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