Google propels record Alphabet revenue, driving shares up 8%(Update)

The results were the latest to signal that the global trend toward a more digital economy has made Big Tech companies resistant to small-market shocks (File pic shows Google's HQ).

NEW YORK: Google parent Alphabet Inc reported record quarterly sales that topped expectations on Tuesday, as its internet advertising business surged on consumers using Google search as they shopped online and advertisers upping their marketing budgets.

Alphabet's shares jumped more than 8% in after-hours trading, also rising on the company's announcement that it would undertake a 20-to-one stock split.