Alphabet Reassures With Revenue Beat on Strong Advertising

Good morning. Alphabet reassured investors as results showed continued strength in search ads. Crypto’s top dog wants regulators to relax. And Motorola is debuting Swarovski-encrusted earbuds that’ll have you blinging to the beat. Listen to the day’s top stories.

Alphabet’s shares advanced in extended trading after posting better-than-feared results, buoyed by continued strength in Google’s search advertising business that is key to justifying the company’s big spending in the AI race. Less joy for Intel, though. The chipmaker sank after giving a weak forecast, with new CEO Lip-Bu Tan cutting jobs and “management layers” as he attempts a turnaround. Altogether, it was another solid day for stocks: The S&P 500 rose 2% to the highest since the day Donald Trump announced his tariff offensive.

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