Google owner Alphabet posts big gains after pandemic uncertainty

Google parent Alphabet reported today that it raked in a total of $55.3 billion in revenue over the past three months — that’s up 34 percent compared to this time last year. (In case you were curious, Wall Street types were expecting revenue growth of just around 25 percent.) The company’s net income jumped dramatically as well, from $6.8 billion in Q1 2020 to $17.9 billion in this year’s quarter.

via Engadget

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