Alphabet/Google profit jumps 43% to $4.9 bn

Google parent Alphabet said Thursday its second quarter profit jumped 43 percent from last year to $4.9 billion, in results that lifted shares of the internet giant. Alphabet shares rallied 4.7 percent in after-hours trade on the results. The company announced a reorganization last year that left Google as its main operating unit, with several others representing its "moonshot" investments in new areas.