Alphabet Posts Q3 Revenues of $65.1 Billion

The Google-parent posts 41% year-on-year increase as regulation tightens

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The constituent players of Big Tech have never been under more pressure as governments across the globe have them in their crosshairs.

Although, this scrutiny does not necessarily translate to a downturn in business with Alphabet today posting numbers that will impress Wall Street.

Top line

Alphabet today posted revenues of $65.1 billion for the third quarter of the year, an increase of 41% year-on-year.

Between the lines

Advertising generated $53.1 billion during the quarter with a breakdown of the results revealing that search ads continue to pull the majority of its revenue with $38 billion.

Meanwhile,

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