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News  ›  Investing.com

Alphabet Defies the Trend After Q3 Beat as Other Magnificent 7 Falter

Investing.com Logo Investing.com By Dave Kovaleski
Alphabet Defies the Trend After Q3 Beat as Other Magnificent 7 Falter

Alphabet reported strong Q3 earnings with double-digit growth across its business segments, generating its first $100 billion quarter. While other Magnificent 7 stocks struggled, Alphabet saw revenue increases in Google Services and Google Cloud, with positive market reception.

Insights
MSFT   neutral

Beat earnings expectations but stock price remained relatively unchanged


GOOG   positive

Reported 12% revenue growth in Google Services, 34% growth in Google Cloud, increased operating income, strong AI momentum, and received price target upgrades from analysts