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Cloud Stocks: Alphabet Bets on AI | Sramana Mitra

Alphabet aka Google (Nasdaq: GOOG) recently reported its third quarter results that surpassed market expectations. Like Meta, Google is also benefiting from a rebound in digital advertising spend. Despite the growth, the market was not too pleased with the outlook that the company provided, sending its stock falling 7% in the extended trading session. Alphabet's Financials Alphabet's third quarter revenues grew 11% to $76.69 billion, ahead of the market's forecast of $75.97 billi...
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