Alphabet Net Income Surges 81 Percent
Alphabet's net income increased by approximately 81 percent following a near doubling in cloud revenue. The company's stock price rose by over 6 percent. Microsoft reported record sales of nearly $83 billion as its Azure cloud platform grew by 40 percent.
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Sources · 7 independent
CNA938 Singapore
“Its net income surged about 81% on the back of a near doubling in cloud revenue. That sent its stock climbing over 6%.”
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