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via finance.yahoo.comBusiness & Companies

Google expands AI Search ads globally as core ad growth slows

FROM THE WIRE · FINANCE.YAHOO.COM

Google is bringing ads in its AI-powered Search experiences to international markets, betting that generative AI can open up new revenue opportunities even as growth in its core search advertising business slows. The announcement came Wednesday during Alphabet's third-quarter…

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishSlowing Search growth at a mega-cap weighs on the stock, with Alphabet shares down 8% after results.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Alphabet reported revenue of $127.6 billion, up 25% year over year in the third quarter.
  2. 02Google Search revenue grew 12% year over year, down from 17% in the second quarter.
  3. 03Google is bringing ads in its AI Search experiences to international markets.
  4. 04Alphabet shares fell 8% following the results.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Alphabet Inc.GOOGLStock324.89 USDMarket closedtoday +1.34%Negative Alphabet Inc.GOOGStock321.89 USDMarket closedtoday +1.60%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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