Alphabet set to report Q3 earnings after the bell Wednesday

Alphabet is acceptable to study third-quarter net aft the doorbell Wednesday.

Here's what analysts are expecting according to LSEG consensus:

• Revenue: $99.89 billion
• Earnings per share: $2.26

Wall Street is besides watching respective different numbers successful the report:

• YouTube advertizing revenue: $10.01 billion, according to StreetAccount
• Google Cloud revenue: $14.74 billion, according to StreetAccount
• Traffic acquisition costs (TAC): $14.82 billion, according to StreetAccount

As Alphabet reports its latest results, Wall Street expects the hunt elephantine to amusement 13% year-over-year gross growth.

The company's banal terms soared 38% successful the 3rd quarter, its champion quarterly show successful 2 decades. It's continued to rally, climbing 11% truthful acold successful October, topping disconnected a 4th afloat of artificial quality merchandise announcements and a regulatory win.

Alphabet's biggest triumph came erstwhile U.S. District Judge Amit Mehta successful September ruled against the astir terrible antitrust consequences that were projected by the Department of Justice. That would've included the forced merchantability of Google's Chrome browser, which provides information that helps its advertizing concern present targeted ads.

Mehta dedicated astir 30 pages of the 226-page filing to explaining generative AI and the marketplace arsenic "highly competitive," and wrote that determination person been "numerous caller marketplace entrants," creating some concern astir Google's quality to vie successful AI. However, Mehta's determination to fto Google support Chrome with small reprimand, sent shares soaring.

After the large rally, President Donald Trump congratulated Google executives astatine a dinner successful Washington. The ruling continued to rally investors the pursuing days, pushing the institution into the $3 trillion marketplace capitalization club — territory occupied lone by Nvidia, Microsoft and Apple.

During the quarter, the hunt elephantine besides faced disconnected with the DOJ again successful a abstracted remedies trial for its advertisement tech monopoly case. In ineligible filings, Google's lawyers conceded that the unfastened web was successful a "rapid decline," sending a question of reactions. Google aboriginal walked backmost the statement. Closing arguments are scheduled for precocious November.

In September, Google's Gemini app took the apical spot connected Apple's App Store, dethroning ChatGPT. That came aft the institution introduced the representation editing diagnostic Nano Banana with its "Flash" AI model. The app allows users to blend aggregate photos unneurotic and usage prompts to make things specified arsenic digital figurines of themselves based connected photos they upload. 

Google successful September began adding its Gemini AI chatbot to Chrome for Mac and Windows users successful the U.S. That diagnostic allows users to inquire Gemini for assistance knowing the contents of a peculiar webpage, enactment crossed tabs oregon bash much wrong a azygous tab, specified arsenic docket a gathering oregon hunt for a YouTube video.

In October, the institution launched Gemini Enterprise, targeting firm clients with agents that execute circumstantial enactment tasks. Google CEO Sundar Pichai besides said at Salesforce's Dreamforce league that Gemini 3, the latest mentation of the company's AI model, volition beryllium released this year. 

During the quarter, Alphabet continued reducing caput number to streamline the institution arsenic it seeks to prioritize concern successful AI.

The institution eliminated much than one-third of its managers overseeing tiny teams compared with a twelvemonth ago, CNBC reported successful September. The institution besides laid off much than 100 design-related roles from its unreality part during the quarter. Additionally, Google cracked down connected immoderate of its distant enactment policies and pushed employees to usage much AI tools successful their day-to-day work.

Alphabet's self-driving car portion Waymo besides had a fig of announcements during the quarter.

In August, Waymo said that it obtained permits to statesman investigating its autonomous vehicles with trained information drivers connected committee successful New York City.

In September, Waymo was cleared to begin testing driverless rides astatine the San Jose Mineta International Airport successful San Jose, California, with plans to connection paid rides astatine the airdrome aboriginal this year, in time for Super Bowl LX and the 2026 FIFA World Cup. That month, Waymo besides received clearance to trial its robotaxis astatine San Francisco International Airport. This month, it announced plans to bring its robotaxi services to London, its archetypal European destination.

Google besides changed its code successful fact-checking for its video level YouTube. As a portion of the shift, the company's YouTube part said successful September that it would soon let accounts that were antecedently banned for spreading misinformation related to Covid-19 and the 2020 U.S. predetermination to use for reinstatement. In a missive submitted to Congress successful September, the company's lawyers touted "free expression" and vowed to debar fact-checking.

YouTube began allowing those accounts to use for reinstatement successful October.

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