Alphabet Reports 29% Jump in Profit as A.I. Efforts Begin to Pay Off

Google faced a setback on Monday when the cybersecurity start-up Wiz rejected its $23 billion acquisition offer, a deal that could have given momentum to its cloud-computing operations.On Tuesday, Google’s parent company Alphabet reminded investors that it’s doing just fine even without the deal.The tech giant reported strong revenue growth in its search advertising and cloud-computing businesses, raising its…