Google A Hits Largest Intraday Gain in About 8 Months
12 hour ago / Read about 0 minute
Author:小编   

Shares of Google's parent company, Alphabet Inc., once surged by 7.7% to reach $377.04, marking its largest intraday gain since September 3. This followed strong demand for the company's cloud business and artificial intelligence products, indicating that its investments in AI infrastructure are paying off. In the first quarter, revenue excluding partner payouts reached $94.7 billion, exceeding expectations. Earnings per share stood at $5.11, nearly double Wall Street's forecast.