CoinEx News: Alphabet reported first-quarter revenue of $109.9 billion on April 29, up 22% year over year and above consensus, as its AI buildout accelerated growth across Cloud and Search. Google Cloud revenue rose 63% to $20.03 billion, while cloud operating income climbed to $6.6 billion from $2.2 billion a year earlier; the company also said cloud backlog expanded to more than $460 billion. Diluted EPS reached $5.11 and operating margin widened to 36.1%, though net income was lifted by a large equity gain.