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Alphabet shares in Frankfurt rise 1.8% after results

By Thomson Reuters Oct 30, 2024 | 2:14 AM

LONDON (Reuters) – Shares of Google parent Alphabet rose 1.8% in Frankfurt on Wednesday a day after the company said its AI investments were “paying off” as its earnings and revenue came in ahead of analyst’s expectations.

Its U.S. shares rose nearly 6% in after-market trading from Tuesday’s official close of $169.68.

(Reporting by Alun John; Editing by Amanda Cooper)