Google Reports 12th Consecutive Quarter of Strong Revenue Gains

Google Reports 12th Consecutive Quarter of Strong Revenue Gains

Google's parent company, Alphabet, has reported a significant increase in revenue, with a 12th consecutive quarter of strong growth. The company's revenue grew by double digits, with the tech giant's huge spending on AI contributing to the results. The company's better-than-expected results are seen as a positive sign for the tech industry, with investors evaluating how Alphabet's investments in AI will affect its bottom line. The company revised its yearly capital expenditure, providing further insight into its financial plans.