Alphabet reports strong Q1 results with AI advancements driving growth and increasing developer adoption.
From Nasdaq: 2025-04-24 17:40:00
SUMMARY
Alphabet reported strong Q1 2025 results with AI advancements driving growth. Ironwood TPUs and Google Cloud’s AI solutions are scaling rapidly. Gemini models are seeing increased developer adoption. AI-powered advertising tools are boosting ad performance. Circle to Search usage has increased by nearly 40%.
Waymo is serving over 250,000 paid passenger trips weekly, a 5x increase year-over-year. The company has partnerships with Uber and Moo, and is exploring various business models. The focus remains on building the world’s best driver and creating a sustainable business model. Exciting progress is seen in operations and rider satisfaction.
Operator: Alphabet’s full year 2025 CapEx forecast is about $75 billion. Waymo is seeing rapid growth with over 250,000 paid passenger trips weekly. Gemini models are driving increased developer adoption. AI-powered advertising tools are improving ad relevance and performance. Circle to Search usage has increased by nearly 40%. The company announced a 5% increase in quarterly dividend and a new $70 billion share repurchase authorization.
Read more at Nasdaq: Alphabet (GOOGL) Q1 2025 Earnings Call