Alphabet Exceeds Revenue Expectations with Strong Cloud Unit Performance

Alphabet exceeded Wall Street revenue estimates in Q1 2026, driven by strong growth in its cloud unit, which saw a 63% revenue increase to $20 billion. The growth was attributed to rising demand for AI solutions, with CEO Sundar Pichai highlighting AI as the primary growth driver for the cloud segment. Alphabet's shares rose over 6% in extended trading.

By Akash Sriram and Kenrick Cai Wed, April 29, 2026 at 11:07 PM GMT+3 4 min read · Yahoo Finance · April 29, 2026, 20:07 UTC

Tickers: $GOOG $NVDA

Topics: AI Alphabet Google Cloud Revenue Growth TPU Sales

Read the full article at Yahoo Finance

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