BusinessPhoto: News18 TechAlphabet Reports Strong Q3 Revenue Growth Amid AI Spending Concerns
Alphabet, Google's parent company, reported strong revenue growth in Search, Cloud, and AI businesses for Q3 2026, with a 25% increase and a half-trillion annual revenue run rate. CEO Sundar Pichai announced the results on October 28, drawing a 'Wow' reaction from Elon Musk. Despite this, shares fell nearly 10% due to investor worries over rising AI infrastructure costs and weaker financial metrics.
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