Jim Cramer on Alphabet: “They’re on Fire, Just Plain out on Fire”
Group 1 - Alphabet Inc. reported a revenue growth of 16%, marking the third consecutive quarter of acceleration, which exceeded Wall Street expectations [1] - The company earned $2.87 per share, significantly higher than the anticipated $2.27, contributing to a surge in stock price after hours [1] - The core search business of Alphabet is up 15%, with no negative impact from the generative AI platform, Gemini, indicating strong performance across its operations [1] Group 2 - Alphabet Inc. provides a range of digital products and platforms, including Search, YouTube, Android, and Google Play, as well as enterprise solutions [2]