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Alphabet Earnings: Stock Rises as Wall Street Reacts to Upbeat Growth
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Alphabet Earnings: Stock Rises as Wall Street Reacts to Upbeat Growth

Search is a huge business for Alphabet. Wall Street is therefore wondering what impact the AI ​​revolution will have on this power.

Specifically, advertising has been lucrative within the Google search engine, but analysts question whether AI search will be the same type of revenue stream.

Alphabet executives addressed this topic during the earnings call, saying early AI monetization efforts were showing success. “The transition here is working well, including for advertising,” said commercial director Philipp Schindler.

With AI Overviews for search, Google is seeing “monetization at about the same rate, which gives us a very solid foundation on which we can innovate,” he added.