Google-parent Alphabet shares fly more than 4% higher after earnings smash estimates
Alphabet, the public holding company of Google, makes most of its money from advertising in its core search function and on YouTube. Advertising revenues rose to $21.4 billion during the quarter, up from a little over $18 billion a year ago. Net income was $5.43 billion, up from $4.21 billion a year ago. Those ads made headlines over the last two months...