Google parent Alphabet beats forecasts with first $100bn quarter

Strong demand for ads and cloud services powered tech giant’s growth as it makes multibillion-dollar AI investmentGoogle’s parent company, Alphabet, displayed steady growth in its core advertising business and cloud computing division as it reported third-quarter earnings on Wednesday, beating Wall Street estimates as it reported its first quarter of $100bn in revenue.The company thrilled Wall Street – shares rose in after-hours trading – even as it announced that it woul