$Alphabet - C(GOOG.US) earnings were average:Key highlights• AI-driven growth: Search query volume YoY growth hit its hi…
$Alphabet - C(GOOG.US) earnings were average:
Key highlights
• AI-driven growth: Search query volume YoY growth hit its highest in nearly 5 years; Gemini App MAU exceeded 1 billion; proprietary model API at ~32B tokens/min (+40% QoQ).
• Cloud & TPU: AI infrastructure, AI solutions, and TPU system sales are the main drivers, with significant contribution from TPU.
Revenue and operating profit performed strongly (especially Cloud), but equity investment losses (SPCX dropped) dragged down net income, and high capex turned free cash flow negative! 🤔
Accidentally added some shares, not investment advice!
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