Alphabet's turnover in the third term exceeded expectations thanks to the growth of the cloud industry

‘Alphabet’, the parent company of ‘Google’, announced its sales in the third quarter of more than the analysts expected, supported by the growth of its business in the field of cloud computing, to climb the company’s share price in the late transactions following the official closing of the New York stock exchange. Revenue has increased by the exclusion of partners’ payments to $ 74.6 billion, exceeding the expectations of analysts of $ 7.9 billion, according to the data that Bloomberg collected. The company said in a statement on Tuesday that the net revenue is $ 2.12 a share, compared to estimates of $ 1.84 per share. As her most important research works are ripening, Google bet on growth in the cloud section, which offers computer energy, software and services to other businesses. Google was able to attract more customers who use her experience in artificial intelligence to acquire land against larger competitors such as “Amazon” and “Microsoft”. Google has made progress by signing with a rapidly growing starting operations in the field of artificial intelligence, some of whom were founded by former Google employees as clients. “In the cloud works, our artificial intelligence solutions help to push the adoption of products deeper with the existing customers, attract new customers and win larger transactions. After receiving the report, Google’s price rose by more than 3% in the late transactions after the New York Stock Exchange was closed. Mark, to “Amazon” and “Microsoft”, but there is room for all three players to grow as companies invest in artificial intelligence, Jlobal X ETFs, in ‘Ne post.