Alphabet shares in Frankfurt rise 1.8% after results

FILE PHOTO: The logo of Google LLC is shown at an entrance to one of their buildings in San Diego, California, U.S., October 9, 2024. REUTERS/Mike Blake/File Photo

LONDON (Reuters) - Shares of Google parent Alphabet rose 1.8% in Frankfurt on Wednesday a day after the company said its AI investments were "paying off" as its earnings and revenue came in ahead of analyst's expectations.

Its U.S. shares rose nearly 6% in after-market trading from Tuesday's official close of $169.68.

(Reporting by Alun John; Editing by Amanda Cooper)