Alphabet's (GOOGL) fourth-quarter results reflect strength in the cloud business despite sluggishness in the advertisement business.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 41 extraordinary options activities for Alphabet. This level of activity is out of the ordinary.

Alphabet-related activities – a category that includes severance costs for employee layoffs and office space – cost $2.8 billion in Q4, down from $3 billion during the same period in 2023.

Unusual Options Activity Detected: Smart Money on the Move Benzinga Edge's Unusual Options board spots potential market movers before they happen.

Alphabet's (GOOGL) first-quarter results benefit from strong momentum across search, YouTube and cloud businesses.