Alphabet beats quarterly revenue estimates on strong ad and cloud demand

Alphabet Inc. exceeded analysts’ revenue expectations, driven by robust demand in its advertising and cloud-computing businesses. The company reported better-than-expected growth across key markets and highlighted its expanding enterprise cloud footprint. While ad-spend recovery supported results, competition in the cloud space remains intense and margins face pressure as CapEx increases. Alphabet said it is focused on AI-infrastructure growth, cost management and monetising new product offerings. The stock rose on the update, reflecting markets’ positive reaction to diversified growth engines.