New Delhi: Alphabet, the parent company of Google, reported another strong quarter as its advertising and cloud divisions continued to grow, comfortably beating Wall Street’s expectations. The company also confirmed it will spend billions more on AI infrastructure than it had originally planned.

For the quarter ending September 30, Alphabet’s revenue jumped 16% year-on-year to $102.35 billion, crossing the $100 billion mark for the first time. Earnings per share rose 35% to $2.87, compared to analysts’ average estimate of $2.26. The results sent Google’s stock up in after-hours trading, reflecting investor confidence in the company’s steady AI-driven growth.

Google stock performance

Google’s bread-and-butter search business delivered another strong performance, generating $56.57 billion in ad revenue, up over 14% from last year and above estimates of $55.05 billion. YouTube also continued its recovery from last year’s slowdown, reporting $10.26 billion in ad revenue, up 15% and slightly ahead of expectations.

The rise in digital ad revenue highlights how Alphabet’s platforms remain........

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