Google parent Alphabet beats quarterly revenue estimates


FILE PHOTO: A man walks past a logo of Alphabet Inc's Google in front of at an office building in Zurich, Switzerland July 1, 2020. REUTERS/Arnd Wiegmann

(Reuters) -Alphabet topped third-quarter revenue expectations on Tuesday, helped by steady growth in its digital advertising business and an AI-driven jump in demand for its cloud services.

Shares of the company rose more than 3% in extended trading.

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