Alphabet Inc blows past Wall Street estimates in the fiscal third quarter

Alphabet Inc. (NASDAQ: GOOGL) published its financial results for the fiscal third quarter on Thursday that blew past Wall Street estimates. The company attributed its hawkish performance primarily to a significant increase in advertising revenue.   Shares of the company jumped more than 6% in after-hours trading on Thursday. At £1,281.59 per share, Alphabet Inc. has recovered over 50% since its year to date low of £814.72 per share in March, when the impact of COVID-19 was at its peak. The stock had a per-share price of £1,056 at the start of 2020.   Alphabet’s Q3 financial results versus analysts’