Alphabet's earnings per share (EPS) of $1.89 and revenue of $84.74B exceeded analyst estimates. Cloud services contributing significantly, surpassing $10B in quarterly revenue.
CEO Sundar Pichai attributed success to Search and Cloud strength, emphasizing advancements in AI. Google's ad revenue slightly surpassed estimates, but YouTube ads fell short.
Operating margin slightly exceeded forecast at 32%. Capital expenditures reached $13.19B, driven by core and emerging business investments. Analysts maintain positive outlook on Google (GOOGL) stock.
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