Alphabet Q3 revenue jumps 25% to $127.6B; Cloud surges 103%

Alphabet reported Q3 revenue of $127.6B, up 25% YoY, with Google Cloud revenue surging 103% to $30.7B, indicating strong enterprise cloud demand. Net income fell to $26.5B, likely due to increased investments or one-time charges, though the core growth story remains robust. The cloud acceleration signals sustained AI-driven infrastructure spending, which may have broader implications for tech sector earnings and capital expenditure trends.

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