Google says deep AI investments powering ad sales, soothing anxious investors

April 25, 2025

, By The Economic Times

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Google parent Alphabet reassured jittery tech investors that its AI investments were powering returns at its crucial ad business on Thursday, downplaying any impact from global economic uncertainty, for now.

The search giant’s first-quarter profit and revenue beat expectations, and the company said it would buy back $70 billion in stock, pushing its shares up 4% after market and adding $75 billion to its market value.

Alphabet reaffirmed its ambitious AI build-out plans and backed its $75 billion capex guidance for the year, offering hopes for…

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Google says deep AI investments powering ad sales, soothing anxious investors

April 25, 2025

, Published By The Economic Times

Google parent Alphabet reassured jittery tech investors that its AI investments were powering returns at its crucial ad business on Thursday, downplaying any impact from global economic uncertainty, for now.

The search giant’s first-quarter profit and revenue beat expectations, and the company said it would buy back $70 billion in stock, pushing its shares up 4% after market and adding $75 billion to its market value.

Alphabet reaffirmed its ambitious AI build-out plans and backed its $75 billion capex guidance for the year, offering hopes for…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News

China’s data protection rules prompt pause from major European research funders

Next News

SG fintech firm Surfin Meta raises $26.5m to help unbanked

The Economic Times

More like this

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