Yelp shares climbed Friday, trading up 7.79% to $26.99, extending gains following the local business review platform's second-quarter earnings report, which beat Wall Street expectations on both revenue and profit while highlighting rapid growth in the company's newer AI-powered products. Yelp Host, the company's AI-powered call-handling product for local businesses, has shown particularly strong momentum. The service surpassed an annual run rate of 1.5 million calls handled by April, more than doubling its volume since January. Continued Pressure on Core AdvertisingDespite the strength in its newer AI-driven offerings, Yelp's traditional local advertising business has continued to show signs of strain. Within that business, services advertising revenue grew a modest 1% to $234 million, while advertising revenue tied to restaurants, retail and other categories fell 11% to $99 million, reflecting uneven demand trends across different segments of Yelp's local business customer base.