Investornewsbreaks Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) Reports Strong 2024 Revenue Growth Driven By Core Services

(MENAFN- Investor Brand Network) Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) reported a 14% increase in revenue for 2024, reaching $350 billion. The growth was primarily driven by its core services, with Google Search generating $198.1 billion (56.6% of total revenue) and YouTube Ads contributing $36.1 billion (10.3%). Google Cloud also saw significant growth, bringing in $43.2 billion (12.4%). The U.S. market accounted for approximately half of Alphabet's annual sales. ​

As of 10:33 AM EDT on March 26, 2025, Alphabet's stock is trading at $170.28, reflecting a decrease of $2.51 (1.45%) from the previous close.​

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About Alphabet Inc.

Alphabet Inc. is a collection of businesses, the largest of which is Google, a global leader in search, advertising, mobile operating systems, and enterprise cloud solutions. With a mission to organize the world's information and make it universally accessible and useful, Alphabet continues to innovate through investments in artificial intelligence, cybersecurity, and infrastructure. The company is headquartered in Mountain View, California.​

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