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Alphabet Shares Move Lower Even With Earnings, Revenue Beat

Alphabet shares moved lower following its earnings release.
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Alphabet (GOOGL) - Get Alphabet Inc. Class A Report reported second quarter earnings of $5.01 a share topping estimates of $4.49.

Revenue of $26.01 billion -- up 21% year over year -- eclipsed estimates of $25.65 billion.

Advertising revenue stood at $22.7 billion.

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Alphabet is the parent company of Google.

The stock is down 2% in after hours trading.

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