Core Insights - Alphabet, Google's parent company, is preparing to report its third-quarter earnings on October 29, with investors keenly observing its growth potential amid competition from ChatGPT [1] - The company has heavily invested in its AI models, known as Gemini, and is launching new products and services to enhance its market position [1][4] Financial Performance - Analysts predict that Alphabet's third-quarter results will reflect increased momentum in Search, Cloud, and Waymo, with a revenue growth expectation of 13% to $99.89 billion and earnings per share of $2.26 [2][7] - Alphabet's stock has experienced a significant rise of 38% during the third quarter, marking its best quarterly performance in decades [2] Growth Projections - Despite the positive performance, Alphabet's growth is projected to slow down, with an expected growth rate of 12% by 2026, leading to a shift in investor sentiment regarding the company's future [3] AI Integration - Google has launched Gemini Enterprise, an advanced AI platform aimed at enhancing workplace productivity and attracting corporate clients [4] - The company is also expanding Gemini's capabilities to be integrated into Chrome, allowing users to interact with web pages more intelligently [4][5] Upcoming Events - Alphabet will release its earnings results after market close on October 29, followed by a conference call at 5:30 p.m. ET, accessible via the company's Investor Relations website [6]
What time does Google report earnings Wednesday? Here’s how to tune in.
Yahoo Finance·2025-10-29 13:09