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Alphabet reported first-quarter earnings after the bell Wednesday, showing revenue that topped expectations boosted by its surging cloud business.
Alphabet reported first-quarter earnings after the bell Wednesday, showing revenue that topped expectations boosted by its surging cloud business. Shares climbed following the report. It is unclear if EPS was comparable to the $2.63 expected by analysts polled by LSEG. Wall Street was also watching several other numbers in the report: The company beat Wall Street's expectations for revenue, growing 20% increase from last year, marking the company's highest rate of growth for any quarter since 2022. Google Cloud beat Wall Street's expectations, recording a 63% increase in revenue from a year ag
