Google parent Alphabet posts US$6.8 billion profit in Q1
Google is showing early signs of recovery in commercial search behaviour by users who are mostly in lockdown because of the coronavirus pandemic. – AFP pic, April 29, 2020.
GOOGLE parent Alphabet on yesterday outshone dim earnings expectations, showing higher revenue and profits despite a coronavirus-induced slowdown in its core digital advertising operations in March. Alphabet shares leapt more than 8% in after-hours trades following release of earnings figures that eased fears the pandemic would stall the internet firm’s income engine.
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