OriginalSourceDigidayLeanUnratedCredibilityUnratedPublished05:01 UTCSourceDigidayLeanUnratedCredibilityUnratedPublished05:01 UTC
“Ad Tech Briefing: Google’s AI-reckoning”
Alphabet’s Q3 revenues near $127.6B; ad-tech slower amid AI push
Key points
- Alphabet reported Q3 total revenues near $127.6 billion, up 25% year over year.
- Search & other revenues rose 12% to $63.35 billion, AI Mode monetization slower.
- Advertising revenue, including YouTube and Network, declined as a share of Alphabet's total.
- Alphabet shares fell about 12.6% after earnings, wiping nearly $500 billion in value.
- AI Mode queries are longer; monetization remains lower, with plans to expand ads.
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