Google owner Alphabet's profits drop after $5bn fine but shares surge
https://www.theguardian.com/technology/2018/jul/23/google-alphabet-profits-5bn-fine-shares-surge
The European Union fined Google after accusing it of ‘serious illegal behaviour’, but investors shrugged off the fine
Google parent company Alphabet reported a sharp drop in profits on Monday as the company absorbed the likely $5bn cost of a record-breaking fine from European regulators.