📈 Stock Market 2h ago · Vandita Jadeja

Alphabet Eyes 20% Upside as Cloud Backlog Surges

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The post Alphabet Eyes 20% Upside as Cloud Backlog Surges appeared first on 24/7 Wall St..

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Alphabet (GOOG) posted Q1 2026 EPS of $5.11, crushing the $2.63 consensus by 94.1%, with Cloud revenue surging 63% to $20.028B and backlog doubling to over $460 billion, while Gemini API usage climbed 60% to 16 billion tokens per minute and Gemini Enterprise paid MAUs grew 40% quarter-over-quarter.

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