Alphabet reported over $88 billion in Q3 revenue, with YouTube surpassing $50 billion in combined ad and subscription revenue, signaling significant growth.
Philipp Schindler stated that YouTube Shorts have a viewing of 70 billion per day and that monetization is improving with new advertising features.
Questions during the earnings call focused heavily on AI, with investors keen on understanding the implications of Alphabet's AI investments on its advertising business.
CEO Sundar Pichai assured that Google will vigorously defend its position in ongoing legal matters related to search engine defaults.
Collection
[
|
...
]