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Alphabet, Microsoft lead technology stocks surge with AI-driven earnings

The stellar earnings reports from both tech giants assuaged concerns regarding the profitability of their significant AI investments, following Meta's tepid forecast. ....

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Alphabet Results: Google parent Alphabet ad revenue disappoints, CapEx up; shares sink 6%, ET Telecom

Alphabet Results: Google, inventor of foundational technology for today s AI boom, is also locked in battle with two industry players that have captured the business world s attention, ChatGPT s creator OpenAI and its backer Microsoft. ....

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Google's parent Alphabet exceeds street expectations, ad revenue slumps

Boosted by growth in its cloud-computing division, Alphabet's total revenue for the quarter came in at $69.8 billion, a 3 per cent increase from last year. ....

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