Alphabet results support company confidence in face of EU curbs


FILE PHOTO: A logo is pictured at Google's European Engineering Center in Zurich, Switzerland July 19, 2018 REUTERS/Arnd Wiegmann/File Photo

Google executives projected confidence in Android and other businesses, giving investors no signal that a costly regulatory crackdown in Europe would curb sales and profit anytime soon. 

Parent company Alphabet Inc posted second-quarter results that walloped Wall Street expectations, while chief executive officer Sundar Pichai hinted at new untapped advertising opportunities and highlighted growth at video service YouTube and the cloud arm. The shares jumped as much as 6.1% in extended trading, putting them on course for a record. 

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