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Revenue rose 12% year-on-year and EPS increased to $2.15. The firm surprised investors with a larger-than-expected capex forecast. Alphabet, Google's parent company, releases its earnings data ...
Google’s parent company reported a 15% jump in year-over-year revenue, driven by strong results in its cloud-computing division and boosting the company’s fortunes during a costly push into ...
Update: the deal is done at $32 billion, in cash. Read more here. Google's parent company Alphabet is again in advanced talks ...
With the stock down by about 29% from its 2025 peak, Alphabet now can buy back its stock at much lower prices and a much more attractive earnings multiple. Instead of bringing down its share count at ...
With the advent of AI, however, the cloud division has become a rising star at Google. Annual revenue in the division was $26.3 billion in 2022, and soared 64% to $43.2 billion last year. Wiz, ...
Google today announced a $32 billion deal to buy Wiz, an Israeli cloud security company that would become part of Google's cloud division if the merger is completed.