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Alphabet's AI Bet Delivers Record $100 Billion Quarter, Cloud Backlog Surges To $155 Billion - Alphabet (NASDAQ:GOOGL)
AlphabetAlphabet(US:GOOGL) Benzinga·2025-10-30 08:24

Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) reported a stellar third quarter, achieving its first-ever $100 billion revenue quarter, signaling that the company's aggressive “full stack” approach to AI is now translating into significant financial gains across its core businesses.Check out GOOG's stock price here.AI Backlog Explodes To $155 BillionThe standout performer was Google Cloud, which saw its AI-driven backlog surge by an astonishing 46% sequentially to $155 billion.This monumental increase underscor ...