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Why Alphabet Stock Popped on Earnings

TheMotleyFool

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Shares of Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) are rising today, up by 3.1% as of 1:30 p.m. EDT, after the internet search giant reported Q2 2021 results last night.

Alphabet crushed earnings estimates. Instead of the $19.21 per share in profit on $56 billion in revenue that Wall Street had forecast, Alphabet earned $27.26 per share on sales of $61.9 billion.

Image source: Getty Images.

Source Fool.com

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