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Economic News: Sunday, July 27, 2025 – US and EU Close to a Trade Agreement, Markets Await Signals from the Fed

... profit exceeded analysts' expectations. The main drivers were steady growth in advertising and cloud services revenues, as well as the early fruits of the company's significant investments in artificial intelligence. Alphabet's management noted that AI technology adoption is already enhancing the efficiency of its search business and cloud platform. Google’s solid performance boosted investor confidence in the tech sector: Alphabet shares rose by about 1% on the news, instilling optimism in other ...