Category: GOOGL
News and stock developments for GOOGL
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Alphabet (googl) Reports Mixed Earnings Amid Growing AI Competition
Alphabet Inc. reported its second-quarter earnings, revealing a 12% year-over-year increase in revenue to $73 billion. The company's net income rose to $18 billion, translating to earnings per share of $1.30, slightly below analysts' expectations of $1.35. The results reflect solid demand for digital advertising, despite increased competition from emerging players in the artificial intelligence…
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