Alphabet announced a landmark achievement, reporting its first-ever quarter with revenue exceeding $100 billion. For the third quarter ending in September, the company posted revenue of $102.3 billion, a 16% increase from the previous year, surpassing analysts' projections. This strong performance was driven by broad growth, particularly in its digital advertising and cloud service segments. The tech giant's profitability also saw a significant boost, with net income rising 33% to nearly $35 billion. Earnings per share came in at $2.87, comfortably exceeding Wall Street's expectations. The robust results demonstrated the continued strength of Alphabet's core businesses, including Google Search and YouTube, and accelerating growth in Google Cloud. Investors reacted positively to the news, with Alphabet's stock price surging 6% in after-hours trading following the announcement. The strong earnings report quelled some concerns about high capital expenditures on AI, showing that these investments are translating into substantial revenue and profit growth, solidifying the company's position as a technology leader.