Alphabet Posts Q3 Revenues of $65.1 Billion

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

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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