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Google parent Alphabet posts 29% jump in profit on digital ad growth, AI offerings

Alphabet Inc. on Tuesday reported better-than-expected second-quarter revenue and profit, helped by rising digital advertising sales and solid demand for its cloud-computing services, but warned that capital spending will remain high for the year. Alphabet’s results highlighted strong demand for digital advertising, driven by events such as the Paris Olympics and elections in several countries, […]

Shares of Google parent Alphabet drop after disappointing ad revenue

Alphabet disappointed Wall Street on Tuesday as holiday ad sales fell short of expectations, overshadowing the company’s efforts in artificial intelligence and cloud. The stock price fell more than 4% in after-hours trading. Google, which invented the foundational technology for today’s AI boom, faces stiff competition from two high-profile players in the business world: ChatGPT […]

Google-parent Alphabet ditches nearly 90% of its Robinhood stake

Jessica Inskip, Director of Education and Products at OptionsPlay, talks about the boom in options trading volume and the AI ​​market on “How to Make Money”. Google’s parent company, Alphabet, announced on Friday that it had slashed its stake in Robinhood Market by nearly 90%. The company currently holds about 612,000 shares on its retail […]