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By Paresh Dave
Arjun Panchadar

Jul 24 2018 6:36AM

Google mothership beats Wall Street estimates.

Alphabet trounces profit estimates on ad sales surge

Google parent Alphabet Inc reported that its profit margin rose in the second quarter, delivering investors a long-awaited sign that expenses are coming into check. Shares jumped more than 5 percent after hours. Growth in the company’s traffic acquisition costs, a key expense, decreased ...

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