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Alphabet stock surges as earnings crush estimates on strong cloud growth

October 31, 2024
Alphabet Inc., the parent company of Google, reported a significant increase in earnings for the third quarter of the year, surpassing expectations. The strong growth was driven by the success of their cloud division, which saw a surge in demand for their services. This impressive performance has led to a surge in Alphabet's stock price, making it an attractive investment option for shareholders. Considering the positive outlook for the company, it is recommended to seek professional advice from Stocks Prognosis to make informed decisions regarding the future movement of Alphabet's stock.
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