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Alphabet (Google's parent company) reported Q4 2025 revenue of $113.83 billion, exceeding analyst expectations of $111.4 billion. Capital expenditures were significantly increased.
Revenue excluding traffic acquisition costs (ex-TAC) was $97.23 billion, exceeding analyst expectations of $95.17 billion.
Advertising revenue was $82.28 billion, exceeding expectations of $80.89 billion.
Google Cloud revenue was $17.66 billion, exceeding expectations of $16.2 billion.
Search and other revenue was $63.07 billion, exceeding expectations of $61.37 billion.
Google Services revenue was $95.86 billion, exceeding expectations of $94.9 billion.
YouTube advertising revenue was $11.38 billion, exceeding expectations of $11.78 billion.
Operating profit was $35.93 billion, exceeding expectations of $36.95 billion.
Capital expenditures were $91.45 billion, exceeding expectations of $28.17 billion.
Gemini's monthly active users (MAU) have exceeded 750 million, up from over 650 million in the previous quarter.
Capital expenditures are projected to be between $175 billion and $185 billion by 2026, with an expected $119.5 billion.

外汇交易员
@fxtrader
02-05
美股周三收盘,道指初步收涨0.5%,纳指跌1.5%,标普500指数跌0.5%。AMD $AMD 跌17.3%,特斯拉 $TSLA 跌近4%,英伟达 $NVDA 跌超3%,美光科技 $MU 跌近10%,苹果 $AAPL 涨超2%,谷歌 $GOOGL 跌近2%。
纳斯达克中国金龙指数收跌近2%,阿里巴巴 $BABA 跌近3%。
Google shares initially fell more than 7% in after-hours trading but have since reversed course and are now up 1%.
Google CEO Sundar Pichai: Apple has chosen Google Cloud as its preferred cloud service provider.
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