27-04-2017 22:30 via theverge.com

Alphabet’s stock price reaches new highs as Google posts strong earnings

The Interactive Advertising Bureau released its annual report yesterday on the state of the digital ad market. The numbers looked stunning for Google and Facebook, not so rosy for everyone else. The two tech giants accounted for more than three-quarters of all the growth across the industry. And that momentum showed up today in Alphabet’s first quarter earnings.Revenue at Google, which comes from things like search ads, display ads, and advertising on YouTube videos, came in at $24.75 bill
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