Alphabet, Google’s parent company, and Microsoft both posted strong revenue growth in the third quarter, while Twitter swung to a loss, as the three tech companies released results late on Tuesday.
Alphabet
Alphabet smashed Wall Street’s profit expectations in the third quarter, thanks to stronger-than-expected ad sales, though the Google parent fell short of expectations on revenue from its cloud computing division.
Revenue came in at $65.1bn, up 41 per cent year-on-year, and above analysts’ consensus estimates of $63.3bn.
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