The first quarter report shows that both revenue and profit exceeded expectations, and Google continued to rise over 5% in after-hours trading
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Alphabet, Google's parent company, announced its first-quarter results after the market closed on Thursday, showing that its revenue and profit exceeded analysts' expectations, thanks to the continued strong performance of its search advertising business, which partially offset the impact of slowing growth in its cloud computing division. The good performance stimulated the company's stock price to rise more than 5% in after-hours trading
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