Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) reported its financial results for the fourth quarter and full year of 2024, showcasing strong revenue growth driven by increased advertising sales and continued momentum in its cloud segment. The company posted total revenue of $86.3 billion for the quarter, reflecting a 15% year-over-year increase. Google Cloud revenue surged by 26% to $10.4 billion, while YouTube ad revenue also saw notable gains. CEO Sundar Pichai highlighted ongoing investments in artificial intelligence as a key driver for future innovation and growth across Alphabet’s portfolio.
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About Alphabet Inc.
Alphabet is a collection of companies, the largest of which is Google. Larry Page and Sergey Brin founded Google in September 1998 and the company is headquartered in Mountain View, Calif. Billions of people use its wide range of popular products and platforms each day, like Search, Ads, Chrome, Cloud, YouTube and Android. For more information, visit the company’s website at www.ABC.xyz
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