Veytics Intelligence
2026-10-28 · NASDAQ

Alphabet Q3 Profit Falls Despite 25% Revenue Growth; Cloud Revenue Doubles

(RTTNews) - Alphabet Inc. (GOOG, GOOGL) on Wednesday reported a drop in profit for the third quarter despite strong revenue growth, as higher expenses weighed on earnings. Revenue surged 103% at Google Cloud, driven by demand for AI infrastructure and solutions.

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