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Alphabet (GOOGL) Surges as Cloud Revenue Jumps 60% and AI Search Gains Momentum

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The Story

News Summary

  • Madison Large Cap Fund highlighted Alphabet Inc.
  • as a top contributor in Q2 2026, citing strong revenue momentum.
  • Search expanded in the high teens driven by AI overviews, while Cloud grew over 60% with a doubled backlog, reinforcing Alphabet's dominant positioning across AI and enterprise cloud.
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GOOGL price history

344.41 +7.92% over the displayed period

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