Alphabet shares jump 9% on ad rebound, cloud promise

Alphabet shares jump 9% on ad rebound, cloud promise

5 years ago
Anonymous $9jpehmcKty

https://www.reuters.com/article/us-alphabet-stocks/alphabet-shares-jump-9-on-ad-rebound-cloud-promise-idUSKCN1UL1O0

Shares of Alphabet Inc rose nearly 9% in premarket trading on Friday, after the company handily beat Wall Street targets on higher ad sales and touted growth at its cloud unit, a high-margin business it is leaning more on to drive growth.

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