Alphabet Crushes Expectations on Mobile, YouTube Strength

Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) released third-quarter 2017 results on Thursday after the market closed, demolishing investors' expectations with strong top- and bottom-line results. Shares of the internet-search juggernaut jumped nearly 5% on Friday in response, easily eclipsing the $1000-per-share mark for the first time.

Let's look at the underlying drivers for Google's parent company as it started the second half of the year, and at what investors should anticipate in the months ahead.

IMAGE SOURCE: ALPHABET, INC.

Source: Fool.com