Google stock rose after parent Alphabet reported Q3 earnings that beat estimates as internet search advertising growth topped expectations.
Internet Search Ad Growth: 'Buy-Side Bogey'
Google earnings came in at $2.12 per share, up 37% from a year earlier. The internet giant also reported revenue of $88.3 billion, surpassing analyst expectations.
Cloud Computing, YouTube Results Beat
Google posted YouTube ad revenue of $8.92 billion and Q3 cloud computing revenue of $11.35 billion, both exceeding market expectations.
Google Stock: Technical Ratings
Google stock holds a Composite Rating of 91 out of a best-possible 99, indicating strong performance among AI and tech stocks.
