Google parent Alphabet beats quarterly revenue estimates

07/23/2024

Less than a minute

2024.07.23 16:37

(Reuters) -Alphabet beat revenue estimates for the second quarter on Tuesday, driven by a rise in digital advertising sales and healthy demand for its cloud computing services.

Revenue grew 14% to $84.74 billion in the April-to-June period, compared with analysts’ consensus estimate of $84.19 billion, according to LSEG data.

© Reuters. FILE PHOTO: People walk next to a Google logo during a trade fair in Hannover Messe, in Hanover, Germany, April 22, 2024. REUTERS/Annegret Hilse/File Photo

Revenue from cloud computing services, a widely watched barometer for the health of enterprise technology spending, grew 28.8% to $10.35 billion.

Analysts were expecting $10.16 billion.

07/23/2024

Less than a minute

Bitcoin (BTC) $ 98,576.41 0.12%

Ethereum (ETH) $ 3,429.60 2.49%

Tether (USDT) $ 1.00 0.06%

Solana (SOL) $ 257.17 0.62%

BNB (BNB) $ 670.77 0.62%

XRP (XRP) $ 1.47 5.17%

Dogecoin (DOGE) $ 0.438343 4.96%

USDC (USDC) $ 1.00 0.11%

Cardano (ADA) $ 1.07 2.09%

Lido Staked Ether (STETH) $ 3,427.58 2.44%

TRON (TRX) $ 0.216641 3.51%

Stellar (XLM) $ 0.585075 34.46%

Avalanche (AVAX) $ 42.36 1.62%

the-open-network

Toncoin (TON) $ 6.44 14.08%

Shiba Inu (SHIB) $ 0.000027 0.44%

Wrapped stETH (WSTETH) $ 4,063.50 2.54%

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 98,241.32 0.17%

Polkadot (DOT) $ 9.10 18.83%

Chainlink (LINK) $ 17.80 4.87%

Bitcoin Cash (BCH) $ 513.41 3.22%

WETH (WETH) $ 3,432.31 2.63%

Sui (SUI) $ 3.47 4.36%

Pepe (PEPE) $ 0.000021 1.78%

NEAR Protocol (NEAR) $ 6.67 4.37%

LEO Token (LEO) $ 8.68 0.95%

Litecoin (LTC) $ 101.82 0.22%

Aptos (APT) $ 12.95 1.43%

Uniswap (UNI) $ 11.12 6.01%

Wrapped eETH (WEETH) $ 3,612.89 2.56%

hedera-hashgraph

Hedera (HBAR) $ 0.152347 1.71%

internet-computer

Internet Computer (ICP) $ 11.70 5.02%

crypto-com-chain

Cronos (CRO) $ 0.198212 3.50%

USDS (USDS) $ 1.00 0.52%

polygon-ecosystem-token

POL (ex-MATIC) (POL) $ 0.580002 7.27%

Ethereum Classic (ETC) $ 30.29 2.84%

Render (RENDER) $ 8.10 2.13%

Bittensor (TAO) $ 543.11 1.70%

Artificial Superintelligence Alliance (FET) $ 1.52 12.48%

Kaspa (KAS) $ 0.155344 3.32%

Ethena USDe (USDE) $ 1.00 0.15%

Arbitrum (ARB) $ 0.886909 7.17%

WhiteBIT Coin (WBT) $ 24.76 0.61%

Bonk (BONK) $ 0.000047 4.80%

Filecoin (FIL) $ 5.93 14.42%

VeChain (VET) $ 0.043951 2.84%

Cosmos Hub (ATOM) $ 9.04 13.24%

Dai (DAI) $ 1.00 0.13%

MANTRA (OM) $ 3.84 1.54%

dogwifhat (WIF) $ 3.30 2.36%

OKB (OKB) $ 54.24 9.07%