Alphabet set to report third-quarter earnings after the bell

Alphabet is set to report its third-quarter earnings after the market close, with investors and analysts eagerly awaiting the results. The company has faced increased scrutiny from Wall Street, with many questioning its ability to maintain growth and profitability in the face of increasing competition and regulatory pressures.

The tech giant's advertising business, which accounts for the majority of its revenue, has been under pressure due to changes in consumer behavior and increased competition from platforms like TikTok and Facebook. Additionally, the company's moonshot bets, such as its self-driving car unit Waymo and cloud gaming service Stadia, have yet to show significant returns. As a result, investors are keenly watching Alphabet's quarterly results for signs of improvement in its core business and progress on its longer-term initiatives.

To watch next: Look for updates on Alphabet's cloud computing business, which has been a key growth area for the company, as well as any guidance on its advertising revenue. Investors will also be monitoring the company's operating expenses and profit margins, as well as any commentary on its plans to address regulatory challenges and competition in the tech industry. A strong quarterly report could help alleviate some of the skepticism surrounding Alphabet's stock, while a disappointing result could exacerbate the current concerns.

Originally reported by cnbc.com. Trade-News adds analysis for finance & markets readers.