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Google's parent posts double-digit revenue growth in a quarter for first time in nearly 2 ... - WRAL.com

Retrieved on: 2024-01-30 22:01:54

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Google's parent posts double-digit revenue growth in a quarter for first time in nearly 2 ... - WRAL.com. View article details on HISWAI: https://www.wral.com/story/googles-parent-posts-double-digit-revenue-growth-in-a-quarter-for-first-time-in-nearly-2-years/21260192/

Summary

The article discusses Alphabet Inc.'s return to double-digit revenue growth, driven by Google's dominance in search and online advertising, while highlighting the growing importance of cloud computing alongside traditional revenue streams. Concerns about economic conditions and competition, particularly in artificial intelligence with Microsoft, are influencing investor reactions.

Article found on: www.wral.com

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