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As the two tech titans go to battle over artificial intelligence (AI) market share, financial reports filed Tuesday reveal that while Microsoft’s revenue growth slowed, Google’s surged.
Google parent company Alphabet has reported some, though not exactly significant, growth in its advertising revenue for the quarter ending 30 June.
In a recent earnings report, Alphabet, the parent company of Google, revealed a significant 7 percent increase in revenue
Operating margins for Alphabet improved by 110 basis points QoQ to 25 per cent, benefitting from tailwinds from delay in stock-based compensation reward
The Google parent beat estimates on the top and bottom lines.