Google’s corporate parent Alphabet Inc. has released a quarterly report showing it’s still reaping double-digit revenue gains from its digital advertising empire while sowing potentially lucrative new ground in artificial intelligence. The results for the first three months of the year provided the latest evidence that Google has regained its momentum after an unprecedented downturn in 2022 coming out of the pandemic. Alphabet's revenue climbed 15% from the same time a year ago while its profit soared by 57%. The performance surpassed the analyst estimates that steer investors' expectations, driving up Alphabet's shares by nearly 13% in extended trading.
