Analysts are betting on solid growth within Alphabet's cloud and search businesses. They're also expecting Meta's strong results to give Alphabet a lift.
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Alphabet's cloud business is accelerating relative to competitors, analysts say
The company earned an adjusted $3.10 per share on revenue of $102.35 billion.
Alphabet's artificial intelligence capabilities will lead the stock to further gains, according to Cantor Fitzgerald.
While analysts acknowledged Alphabet's higher spending, they were also more optimistic than the stock's 3% slide Thursday morning…
Analysts are closely watching megacap tech earnings as the reports could be a crucial signal about where the U.S. stock market is…
Alphabet on Wednesday exceeded top- and bottom-line estimates, and saw its overall revenue jump 14% year over year — higher than…
