Alphabet's third-quarter earnings exceeded expectations, with shares rising nearly 6%. AI has driven growth, particularly in Google Cloud, which generated $11.35 billion in revenue, a 35% increase. YouTube ads also grew, reaching $8.9 billion. Overall revenue was $88.27 billion, a 15% year-on-year increase. Alphabet is restructuring for AI focus, reducing headcount by 1,112. Teljes cikk (Euronews.com)