Alphabet Q3 Profit Falls Despite 25% Revenue Growth; Cloud Revenue Doubles
Alphabet reported lower third-quarter profit despite revenue growth, while Google Cloud revenue surged 103% on demand for AI infrastructure and solutions. Higher expenses weighed on earnings. Net income fell to $26.17…
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08:58:22 PM UTC
SquawkNews
04:58 PM EDT, 10/28/2026 (MT Newswires) -- Alphabet's (GOOG, GOOGL) third-quarter results missed Wal
WASHINGTON (dpa-AFX) - Alphabet Inc. (GOOG, GOOGL) on Wednesday reported a drop in profit for the third quarter despite strong revenue growth, as higher expenses weighed on earnings. Revenue surged 103% at Google Cloud, driven by demand for AI infrastructure and solutions.Net income fell to $26.17…