Alphabet's Q3 2024 Earnings Showcase Impressive Growth and AI Success

Alphabet has announced its Q3 2024 earnings, reporting revenue of $88.27 billion from July to September. This is a 15% increase from the same quarter in the previous year. The company's operating income was reported at $28.52 billion with a net income of $26.3 billion for this quarter. Google Maps now has over 2 billion monthly users, and YouTube ad revenue was $8.92 billion. Google Cloud reported revenues of $11.35 billion and 'Google subscriptions, platforms, and devices' reported revenues of $10.66 billion.