Alphabet reports first-quarter earnings that exceed initial expectations and credits 'unique full-stack approach to AI' for growth
1. Alphabet's Q1 results exceeded estimates, boosting shares by 4%. 2. Google Cloud disappointed, missing revenue targets despite 28% growth YoY. 3. Competition in search is intensifying, impacting growth prospects. 4. Google faces ongoing antitrust scrutiny and legal challenges. 5. Sundar Pichai emphasizes AI advancements as key growth drivers.