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🎙️ Courtside Financial Podcast 🎙️
In this episode of Courtside Financial, host Obi breaks down the latest financial news from Google Cloud's blockbuster fiscal quarter. Google Cloud saw a staggering 28% increase in revenue, sending Alphabet's stock soaring. Tune in to discover the key insights and trends driving Google Cloud's success.
🔍 Key Points Covered:
Google Cloud's revenue jumps 28% to $9.57 billion in Q1 2024
Operating income grows nearly 5x to $900 million
Alphabet announces first-ever dividend and $70 billion share repurchase program
YouTube and Google Cloud projected to reach combined annual run rate of over $100 billion by end of 2024
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