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flag Alphabet announces earnings on October 29 amidst legal challenges and AI competition, while seeing revenue growth and strong Google Cloud performance.

flag Alphabet will announce its earnings on October 29, facing monopoly lawsuits and competition from AI firms like OpenAI. flag Despite these issues, the company’s revenue and profits are increasing, with Google Search revenue rising to $48.5 billion last quarter. flag Google Cloud is its fastest-growing segment, driven by AI demand. flag With a 30% operating margin and a price-to-earnings ratio of 23.5, Alphabet may be an attractive investment ahead of the earnings report.

6 months ago
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