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Alphabet (GOOG) (GOOGL) is set to report its first-quarter earnings on Wednesday, April 29. GOOGL stock has advanced about 19% over the past month, reflecting the market’s optimism about Google’s ability to translate its artificial intelligence (AI) investments into sustained revenue growth.
Notably, Google’s integration of AI across its core businesses is accelerating its growth. Within Search, enhanced AI capabilities are improving user engagement and ad targeting efficiency, which in turn is supporting stronger advertising revenues.