Alphabet has posted impressive Q3 earnings, with revenue increasing by 15% to $88.3 billion, largely due to a robust performance in its cloud business. CEO Sundar Pichai noted that the company’s significant investments in AI are paying off, driving user engagement and operational growth. The cloud business in particular is a key growth driver, reflecting rising demand for AI-powered solutions. Analysts had anticipated strong results, and Alphabet exceeded expectations across multiple metrics, including ad revenue, which reached a record $66 billion. Following the earnings report, shares of Alphabet surged, highlighting positive market sentiment as the company continues to capitalize on advancements in technology.