Alphabet’s growth pillars stand tall in Q3. But we’re not ready to act

Alphabet shares surged during Tuesday's after-hours trading following the Google parent's better-than-expected quarterly revenue and earnings on cloud and advertising strength. Total revenue for the three months ended Sept. 30 climbed 15%, or 16% on a constant-currency basis, to $88.27 billion, better than estimates of $86.3 billion, according to...

Read more...