Google Reassures Wall Street With Ad Business Showing Resilience

Google parent Alphabet Inc. reported second-quarter revenue that met analysts’ expectations, reflecting the internet giant’s resilience amid slowing growth in advertising. Revenue, excluding payments to distribution partners, was $57.5 billion in the quarter, the company said Tuesday in a statement. Analysts had projected $58 billion, according to data. Shares rose about 5% in extended trading.

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