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Bloomberg Surveillance

Instant Reaction: Alphabet Beats Sales Estimates

Bloomberg Surveillance

Bloomberg

Business News, News, Investing, Business

3.81.2K Ratings

🗓️ 29 October 2024

⏱️ 17 minutes

🧾️ Download transcript

Summary

Google parent Alphabet reported third-quarter sales that climbed more than analysts expected, helped by the growth of its cloud computing business. For instant reaction and analysis, hosts Carol Massar and Tim Stenovec spoke with Bloomberg Intelligence senior tech industry analyst Mandeep Singh and Bloomberg Technology co-host Caroline Hyde. 

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Transcript

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0:49.8

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0:52.2

The headlines, third quarter, revenue, XTAC, 70.55 billion, that's a beat.

0:58.0

72.88 was the estimate.

1:00.0

Third quarter, Google Cloud Revenue also beat over 11 billion dollars the street

1:04.5

estimate was about 10.8 Tim. All right let's let's I think we should bring in

1:09.1

Mandipse. I think we should definitely bring he's been watching these numbers and very closely he joins us here in the

1:15.1

Bloomberg Interactive Brokers studio a beat pretty much across the board Mandip

1:20.9

you cover this company and many others we were gonna get to some of the others in just

1:25.1

a second

...

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