Overview
- Alphabet reported Q3 revenue of $102.35 billion and net profit of $34.98 billion, and raised next fiscal-year capital spending guidance to $91–93 billion focused on data centers and AI.
- Google Cloud delivered $15.16 billion in Q3 revenue, topping expectations on enterprise uptake of Vertex AI and TPU-based services.
- Meta posted Q3 revenue of $51.24 billion with net profit down 83% to $2.71 billion, guided Q4 revenue to $56–59 billion, and lifted full-year spending and capex to $116–118 billion and $70–72 billion.
- SAIC said Q3 wholesale deliveries reached 1.141 million vehicles with net profit up 644.9% year over year to RMB 2.08 billion, supported by gains in new energy models and overseas sales.
- BYD’s Q3 revenue fell 3.05% to RMB 194.99 billion and net profit dropped 32.60% to RMB 7.82 billion, while BYD Electronics posted modest nine‑month profit growth and JAC recorded losses as its high‑end NEV project continued ramping.