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Ads, Cloud Computing Power Alphabet’s Strong Results

Google parent Alphabet’s ability to effectively monetize its apps and YouTube users helped drive better-than-expected earnings.

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Wide-moat Alphabet beat expectations on the top and bottom-line in the second quarter.

Ad revenue continued strong double-digit growth as Google is monetizing its apps and the YouTube viewers more effectively.

Ali Mogharabi does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.