Google-parent Alphabet sinks after its earnings report (GOOGL)

Alphabet reported first quarter earnings that beat analyst expectations on Monday
However, the results didn't assuage many of Wall Street's biggest worries around regulation.
The fees Google pays to partner web sites, known as TAC, continued to increase as a percentage of revenue.
Shares sank in after-hours trading following the earnings report. 
Follow Alphabet's stock price in real-time here. 
Shares of Alphabet, the parent company of Google, surged as much as 4% after the company re