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  • Google parent Alphabet on Monday reported rising profits in the final three months of last year amid growth in digital advertising and cloud computing, but shares took a hit on disappointing revenue growth. Profits rose 19 percent from a year ago to nearly $10.7 billion as revenues increased 17 percent to $46 billion for the internet giant. "Our investments in deep computer science, including artificial intelligence, ambient computing and cloud computing, provide a strong base for continued growth and new opportunities across Alphabet," said chief executive Sundar Pichai. Alphabet shares slipped four percent in after-market trades that followed release of the earnings figures. gc/rl
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  • Alphabet profit climbs but revenue misses mark
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