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Alphabet reports Q1 revenue of $109.9 billion, beating analyst expectations of $107.2 billion. Google Cloud revenue grew 63% to $20 billion, while net income rose 81% to $62.58 billion.

Alphabet reported Q1 revenue of $109.9 billion, exceeding analyst estimates of $107.2 billion, while Google Cloud revenue rose 63% to $20 billion. The company also reported an 81% increase in net income to $62.58 billion.

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