As Alphabet reports its third-quarter earnings Wednesday, Wall Street expects the search giant to show 13% year-over-year revenue growth. The company's third quarter was filled with AI product announcements and regulatory wins.
Google parent Alphabet is scheduled to report third-quarter results after the bell on Wednesday, with traders betting on a sizable move in the tech giant's stock.
GOOGL's AI-powered Search and YouTube dominance fuel growth, while SNAP battles user retention and mounting competition risks.
Google is going nuclear
U.S. utility NextEra Energy and Alphabet's Google have singed a power supply deal, which would help restart the Duane Arnold nuclear plant in Iowa.
GOOGL's third-quarter 2025 results are expected to benefit from solid momentum in Search and Cloud businesses.
Google stock (NASDAQ: GOOG) has a history of notable rallies. The stock increased by over 30% in less than two months during critical years such as 2010 and 2024, and even achieved a rare rally exceeding 50% in 2025 as investors became more optimistic about the company's prospects in the generative AI era.
Alphabet has been the best-performing Magnificent 7 stock this year, supported by robust Google Cloud and AI advancements. Momentum was recently reinforced by Anthropic's endorsement of additional compute capacity on Google's in-house TPUs, validating diversification of growth opportunities for its cloud unit. This is expected to reinforce Google Cloud's market share gains, and narrow the lead currently commanded by rivals Microsoft Azure and Amazon Web Services.
Alphabet (GOOGL) maintains strong momentum, with robust revenue growth, positive earnings revisions, and expanding AI partnerships supporting a bullish outlook. GOOGL's aggressive R&D and hardware wins, such as the Anthropic partnership and quantum computing advances, reinforce its technological edge. Given Alphabet's historically strong ROIC, investments in AI and quantum computing are highly likely to generate substantial returns.
Google is set to deliver up to one million of its in-house artificial intelligence chips to Anthropic, marking one of the largest hardware commitments yet in the AI sector. The multiyear agreement, reportedly valued in the tens of billions, gives the fast-growing AI company a huge boost in computing capacity while reinforcing Google's role as both investor and infrastructure backbone.
Alphabet's cloud business secured a key AI partnership with Anthropic, signaling an increasingly competitive landscape for high-performance chips.
The AI giant, which first said in 2023 that it would work with Google Cloud to train the next generations of its AI model Claude, will also have access to additional services.