🚀 Crypto Market Trends: AI Boosts Alphabet's Fortunes! 🚀
Google’s parent, Alphabet Inc. (GOOG), saw its shares soar 5.9% after-hours, thanks to stellar Q3 results driven by its AI ventures. 📈
- Q3 revenues hit $88.27B, up 15% YoY.
- Earnings per share rose 35% to $2.12, beating estimates by 13.6%.
- Google Cloud revenues jumped 35% to $11.4B.
CEO Sundar Pichai highlighted AI's role in boosting productivity, with AI now generating over a quarter of new code at Google!
What do you think? Is AI the future of crypto too? Drop your thoughts below! 💬