Google’s AI Investments Power Ad Sales Amid Economic Uncertainty
Google parent Alphabet (GOOGL.O) has reassured tech investors that its AI investments are driving ad sales, downplaying the impact of global economic uncertainty on its business. The search giant’s first-quarter profit and revenue beat expectations, with shares rising 4% in extended trading. Alphabet’s ad revenue growth outpaced analyst predictions, reaching $66.89 billion, a 8.5% increase … Read more