Alphabet shares soar on new details into YouTube, cloud growth

By Paresh Dave and Arjun Panchadar SAN FRANCISCO (Reuters) - Alphabet Inc shares rose 9% after the company reported quarterly results that eased investors' concerns about the growth challenges facing its Google advertising business. Second-quarter revenue and earnings beat analysts' expectations, helping Alphabet dismiss a revenue miss in the first quarter as a blip.

The post Alphabet shares soar on new details into YouTube, cloud growth appeared first on Firstpost.

from Firstpost