Google parent Alphabet’s profit soars; overtakes Apple as most valuable US company
Alphabet, Google’s parent company, has seen its profits soar and is now the most valuable company in the US, beating Apple.
Alphabet easily beat Wall Street’s quarterly profit forecasts on Monday, helped by strong mobile advertising sales, sending the shares of Google’s parent higher in after-hours trading to surpass Apple Inc as the most valuable US company.
For the first time, the company disclosed the profitability of Google’s search engine and its other online servic
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