Alphabet: Alphabet climbs as AI bets drive ad strength, quelling market fears
Alphabet (GOOGL.O), opens new tab shares jumped about 3% on Friday, after a solid earnings report from the Google parent showed investors that its bold bets on AI were fueling growth in the core advertising business, soothing some concerns around competition and tariff-related pressures.
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Alphabet is a California-based multinational conglomerate that owns and operates a network of technology-based businesses across the globe.
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