Alphabet shares earn a Google’s profit search

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Alphabet shares increased after they reported 46 percent of the first quarter profits, driven by another strong performance in research and prosperity in the demand related to artificial intelligence on the strength of cloud computing.

The net income jumped to $ 34.5 billion compared to $ 23.7 billion in the same period of three months in the previous year, the parent company of Google said on Thursday.

The basic research and announcement of Google grew by 10 percent to $ 50.7 billion in this quarter, exceeding estimates ranging between 8 and 9 percent.

the Cloud computing Division has reported an increase in revenue by 28 percent to $ 12.3 billion, indicating the continuation of the demand for the data center and network services from the mutation in artificial intelligence. However, this slowed from 30.1 percent in the previous quarter.

“The research has witnessed a strong growth in strong growth, supported by the participation we see with features such as an artificial intelligence overview,” said CEO Sondar Bishy, ​​referring to the answers created by artificial intelligence that now appears at the highest of many results pages. “The cloud has quickly grown with a great demand for our solutions.”

alphabet The shares rose about 4 percent in post -market trading.

Google is the second large technical company to report profits in the wake of the World Trade War of US President Donald Trump. The shares of the alphabet decreased by 17 percent this year. Like most of its competitors, the company was affected by concerns about the definitions that disrupt supply chains and softening consumer spending, enhancing fears of American recession.

Revenue increased by 12 percent to $ 90.2 billion in the three months until the end of March.

Earlier this week, Tesla warned that the definitions would have “The Huge” effect On battery works that depend on the components of China. CEO Elon Musk pledged to continue to pressure Trump in favor of free trade principles.

Alphabet continued to spend on data centers, and other infrastructure of Amnesty International in the escalation. Capital spending jumped in the first quarter to 17.2 billion dollars, up from $ 12 billion last year and a little more than $ 17.1 billion. The company expected the spending to $ 75 billion this year, up from $ 53 billion in 2024. Alphabet said it would buy $ 70 billion in shares.