Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) recently released its Q1 2024 financial results, reporting revenue of $80.5 billion, which is a 15% increase year-over-year and surpasses the estimated $78.59 billion. The company’s net income was $23.66 billion, significantly exceeding expectations. Alphabet’s CEO, Sundar Pichai, highlighted the ongoing strength in Google Search and the growing contributions from YouTube and Cloud services as key drivers of this performance. The company continues to focus on innovation and expanding its AI capabilities to enhance user experience and business operations.
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About Alphabet Inc.
Alphabet is a collection of companies, the largest of which is Google. Larry Page and Sergey Brin founded Google in September 1998 and the company is headquartered in Mountain View, Calif. Billions of people use its wide range of popular products and platforms each day, like Search, Ads, Chrome, Cloud, YouTube and Android. For more information, visit the company’s website at www.ABC.xyz
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