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Open original source ↗I still believe $GOOG will be the top performing Mag 7 this year.
Google Cloud crushed it. Grew at 48%. Whisper number was 38% growth.
Search had a solid quarter too. Grew at 17% vs. the Street whisper 15% and compared to 14.5% in Sep, 11.7% in June, and 9.8% in March. Highest search growth quarter since March of 2022.
Bottom line: AI is working for Google Cloud & Search in a more meaningful way than I expected going into tonight. Let’s see what they say on the call about ad coverage in AI Overviews and AI Mode.