Google's parent Alphabet reports better-than-expected quarterly profits

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Google's parent Alphabet reports better-than-expected quarterly profits
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Google's parent company Alphabet has announced profits that jumped to $18.9 billion, raking in a revenue of $65.1 billion in the third quarter of 2021

Google's parent company Alphabet has beat quarterly earnings expectations, raking in $18.9 billion in profit as its online ad engine and cloud services thrived.

The company's revenue rose to $65.1 billion in the July-September period from nearly $46.2 billion in the same period last year. "This quarter's results show how our investments are enabling us to build more helpful products for people and our partners," said Sundar Pichai, CEO of Alphabet and Google.

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