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Alphabet Surges on Strong Q1 Earnings

Alphabet Inc. reported impressive first-quarter results, with revenue reaching $90.23 billion and earnings per share at $2.81. The company’s growth was fueled by a 28% increase in Google Cloud revenue and advancements in AI-powered search features. Shares of Alphabet rose 4% in premarket trading following the announcement. ​Investopedia

Key Facts:

  • Revenue: $90.23 billion; EPS: $2.81.
  • Google Cloud revenue increased by 28%.
  • AI enhancements contributed to growth in search services.​Investopedia

Further Reading:

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