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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.

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