YouTube ad revenue topped $10 billion for the first time in a single quarter, helping push parent Alphabet past Wall Street expectations for the July-to-September period.

Total company revenue also hit a milestone, passing $100 billion in a quarter for the first time. It hit $102.34 billion, up 16% from the year-earlier frame. Diluted earnings per share reached $2.87, up from $2.12.

The main metrics blew past Wall Street analysts’ consensus calling for EPS of $2.27 and revenue of $100.14 billion.

It was another stellar “print,” as Wall Streeters call a quarterly earnings report, for the booming tech sector. Big Tech is in the spotlight, with Alphabet and Meta reporting earnings today, and Apple and Amazon on Thursday.

Heavy investments in AI and the cost savings anticipated by inv

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