India, Oct. 12 -- Alphabet Inc. Class C shares moved higher on Monday, October 12, as investors assessed developments in artificial intelligence (AI), cloud computing and the broader technology sector. The stock's performance comes as Wall Street navigates rising oil prices, inflation concerns and expectations surrounding the upcoming US corporate earnings season.

Alphabet, the parent company of Google, remains in focus because of its investments in AI infrastructure, its Gemini AI products, Google Cloud and its core digital advertising business. Investors are watching whether these businesses can sustain revenue growth while the company continues spending heavily on technology infrastructure.

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