Google's third quarter earnings surpassed expectations, showcasing a strong performance in both overall revenue and cloud services, crucial in a competitive tech landscape.
Alphabet's revenue reached $88.27 billion, significantly exceeding analysts' predictions. This growth can be attributed largely to an increase in advertising and cloud revenue.
The company's cloud revenue of $11.35 billion highlighted its ongoing expansion, reinforcing the tech giant's position amidst fierce competition from rivals like Microsoft and Amazon.
With the rise of AI-powered chatbots and new search technologies, how Google will maintain its dominance in search functionality is an evolving challenge.
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