Reliance Intelligence partners with Google to provide free subscription of Gemini AI to Jio telecom customers for 18 months . Perplexity AI has tied up with India's second largest telecom provider Bharti Airtel to provide free services for a year.
Spiking as much as +6% in Thursday's trading session, Alphabet (GOOGL) stock has started to challenge Nvidia (NVDA) for the most year-to-date gains from the Mag 7.
Digesting the first batch of Mag 7 earnings
GOOGL's Q3 results shine as AI-driven growth in Search, YouTube and Cloud propel revenues and earnings well past estimates.
Major U.S. equities indexes were mixed Thursday afternoon as President Donald Trump met with Chinese leader Xi Jinping on trade issues and investors digested several big tech earnings reports. The Dow Jones Industrial Average rose but the S&P 500 and Nasdaq were lower.
Alphabet's strong Q3 earnings lifted its shares and boosted investor sentiment. Explore top ETFs that could benefit from the company's impressive performance.
Oppenheimer & Co analysts late Wednesday raised their target price on Alphabet Inc (NASDAQ:GOOG) to $345 per share, from $300, while reiterating their ‘Outperform' rating, believing that AI is driving an "expansionary moment for Search." The analysts also believe Google Cloud's momentum is accelerating, with the division of Alphabet approaching profitable growth as the third-largest cloud provider.
Alphabet (GOOGL) shares jumped to a record high Thursday after the Google parent reported earnings that topped Wall Street estimates, as quarterly revenue surpassed $100 billion for the first time.
The company's third-quarter earnings, reported after the close on Wednesday, Oct. 28, shattered expectations, sending shares surging roughly 7% in after-hours trading.
Both companies are spending big on AI, but Google's diversified business and cost discipline could help it pull ahead
Alphabet delivered strong Q3'25 earnings, driven by double-digit Cloud growth and robust digital advertising performance. Google's aggressive AI and Cloud-focused CapEx is fueling operating income expansion, with free cash flow up 38.7% year-over-year. Google is set to benefit from a strong digital advertising market in Q4 and will likely continue to buy back a ton of its shares going forward.
Shares of Google parent Alphabet Inc (NASDAQ:GOOGL) are up 4.2% to trade at $286.05 at last glance, after the company reported record revenue of $100 billion for the third quarter, surpassing analysts' expectations.