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Alphabet's cloud revenue doubles with 103% growth; Gemini app hits 1B monthly users, challenging search dominance.

Market News
15 Nov 2026, 01:37 WIB
Patrick Sanders
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Bullish
Alphabet's cloud revenue doubles with 103% growth; Gemini app hits 1B monthly users, challenging search dominance.

Alphabet reported a 103% increase in its cloud revenue last quarter, signaling strong growth in its cloud business. Additionally, the Gemini app reached 1 billion monthly users, highlighting its rapid user adoption. These developments suggest Google Cloud could be becoming a more significant growth driver for Alphabet than its traditional search business. Investors may want to watch how this shift impacts the company's future revenue streams and market strategy.

Alphabet's stock trades at USD 295.77 on Pluang, down 0.98% as of Nov 15, 2026 02:01 WIB. The company holds a market cap of $3.62 trillion, with investors showing strong buying interest at 80% buy order activity.

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