Alphabet shares jump as ad, Cloud sales soar amid pandemic

Alphabet shares jump as ad, Cloud sales soar amid pandemic

3 years ago
Anonymous $K6XgmDN5_o

https://www.reuters.com/article/us-alphabet-results/alphabet-shares-jump-as-ad-cloud-sales-soar-amid-pandemic-idUSKBN2A22TR

Google parent Alphabet Inc on Tuesday reported record revenue for the second straight quarter despite the pandemic, driving shares up 6% as it topped estimates for both advertising and Cloud sales as customers unleashed budgets for the holidays.

Alphabet shares jump as ad, Cloud sales soar amid pandemic

Feb 2, 2021, 11:28pm UTC
https://www.reuters.com/article/us-alphabet-results/alphabet-shares-jump-as-ad-cloud-sales-soar-amid-pandemic-idUSKBN2A22TR >Google parent Alphabet Inc on Tuesday reported record revenue for the second straight quarter despite the pandemic, driving shares up 6% as it topped estimates for both advertising and Cloud sales as customers unleashed budgets for the holidays.