Alphabet Stock Surges 34% in April Due to Strong Q1 Results and AI Growth
Alphabet's stock surged 33.8% in April, driven by a strong first-quarter report and growing demand for its AI products. Google Cloud revenue rose 63% year-over-year, contributing to the stock's best monthly performance since 2004. The broader market also saw gains, with the S&P 500 and Nasdaq Composite rising 10.5% and 15.3%, respectively.
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Topics: AI Alphabet Inc. Earnings Report Google Cloud Stock Performance