"The numbers released Wednesday marked Google's third consecutive quarter of digital ad growth of more than 10% from the previous year, while also posting more than 30% sales growth in its division that powers data centers for AI services. Those increases during the October-December period propelled Google's corporate parent Alphabet Inc. well past the earnings forecasts of stock market analysts."
"Alphabet's fourth-quarter profit rose 30% from the prior year to $34.5 billion, or $2.82 per share, while revenue climbed 18% to $113.8 billion. The collective momentum of Google's main business in search and advertising and the still-nascent AI field indicates a company born during the late 1990s internet boom is becoming even stronger during another technology phenomenon nearly 30 years later."
Google reported its third consecutive quarter of digital ad growth above 10% and over 30% sales growth in its division that powers data centers for AI services. Those increases during October–December propelled Alphabet's fourth-quarter profit up 30% to $34.5 billion and revenue up 18% to $113.8 billion. Search usage reached record levels while AI features expanded, contributing to strong corporate momentum. Alphabet's stock rose nearly 60% in five months, valuing the company near $4 trillion. Investors remain cautious about sustaining growth given more than $300 billion in planned computing capacity spending through year-end. Apple agreed to use Google's Gemini in Siri.
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