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Last week, Alphabet aka Google (Nasdaq: GOOG) reported its fourth quarter results. It surpassed revenue and earnings estimates driven by its GenAI offerings and accelerated growth in Google Cloud. However, it missed estimates for advertising revenue. Google's Financials Alphabet's fourth quarter net revenues grew 13% to $86.3 billion, beating the market's forecast of $85.33 billion. Net income was $20.7 billion or $1.64 per share, beating analyst estimates of $1.59. By segment, revenues from Google Services that includes Search, Advertising, Android, Chrome, Hardware, Google Maps, Google Play, and YouTube ads grew 12.4% to $76.3 billion. Advertising revenue grew 11% to $65.5 billion, short of analyst estimates of $65.94 billion. Revenue from YouTube ads grew 15.5% to $9.2 billion missing analyst estimates of $9.21 billion. Network advertising revenues were $8.3 billion, down 2%. Operating income from the Google Services segment was $26.73 billion compared to $20.2 billion a
Google Cloud's US$37B run rate, record profit and Gemini: 5 Google earnings takeaways crn.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crn.com.au Daily Mail and Mail on Sunday newspapers.
Singapore News - Singapore Post outlets provided the stage for much drama and emotions in 2023 when music fans camped there over one or more nights to buy tickets to high-profile concerts by global stars such as American singer Taylor Swift and British band Coldplay. But customers will no... Read more at www.tnp.sg
Singapore News - A dragon-themed stamp set, a special collector’s sheet and postcards featuring the mythical beast are among the memorabilia SingPost is launching to mark the Chinese Year of the Dragon in 2024. The dragon-themed stamp set will go on sale from Jan 5 and is the fifth... Read more at www.tnp.sg
aircargonews.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aircargonews.net Daily Mail and Mail on Sunday newspapers.
Phishing scam targets Domino's Pizza customers, resulting in $27,000 loss for seven victims yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.