Alphabet shares in Frankfurt rise 1.8% after results
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FILE PHOTO: Alphabet logo is seen near computer motherboard in this illustration taken January 8, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
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)
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