GOOG earnings push by AI: Google Cloud beat for Q1 carry stock to all-time high

GOOG earnings push Alphabet reach new all-time high after dem beat Q1 expectations, driven by faster Google Cloud and AI demand. As of writing, GOOG dey trade around $369 (+~6%), after intraday peak near $374.22. Finances show revenue up 22% YoY to $109.9B and net income hit $62.6B, with operating income improving to $39.7B. Alphabet also raise im 2026 capital expenditure outlook to as much as $190B, mainly for data centers, AI chips, networking, and extra cloud capacity. Google Cloud na di main upside. Division revenue jump 63% YoY to $20.03B (above estimates), while contracted backlog near $460B, almost double quarter-over-quarter—this one show stronger enterprise commitment to AI infrastructure. CEO Sundar Pichai talk say big customer contracts sign during di quarter and demand for Google’s AI models and cloud products dey grow. Search still resilient, with Search revenue up 19% YoY. Alphabet also highlight say AI-powered search features fit increase engagement without reducing search activity. Gemini momentum continue, including Gemini Enterprise paid monthly active users (+40% QoQ) and API token processing of 16B+ tokens per minute. For crypto traders, di takeaway from GOOG earnings be say AI/cloud profitability dey support higher infrastructure spend. Even though na tech-sector catalyst rather than crypto-specific driver, e fit still influence broader risk sentiment around tech and infrastructure narratives.