The company Alphabet, owner of Google, announced its results for the fourth quarter of 2024, showing a 30% growth in Google Cloud revenue to $11.96 billion, which was below expectations. Total quarterly revenue amounted to $96.47 billion, with earnings per share of $2.15. Advertising revenue on YouTube exceeded expectations, reaching $10.47 billion. The company announced investments of $75 billion in technical infrastructure, including servers and
Alphabet’s Q4 2024 results show mixed cloud revenue.
