Alphabet Frankfurt-listed shares rise after revenue estimates beat

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Google parent Alphabet’s Frankfurt-listed shares rose over 6% in early trade on Friday after the tech giant beat Wall Street estimates for quarterly revenue on Thursday.

The shares were last up 6.4%.

The company said steady growth in its digital advertising business, which helped offset muted growth at its cloud computing unit.

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Alphabet Frankfurt-listed shares rise after revenue estimates beat


Google parent Alphabet’s Frankfurt-listed shares rose over 6% in early trade on Friday after the tech giant beat Wall Street estimates for quarterly revenue on Thursday.

The shares were last up 6.4%.

The company said steady growth in its digital advertising business, which helped offset muted growth at its cloud computing unit.

Discover the stories of your interest

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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