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Benzinga
Benzinga
Business
Adam Eckert

Why Alphabet Shares Are Rising Today

Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) is trading higher Wednesday morning after the company reported its fourth-quarter financial results and announced a stock split. 

Alphabet reported quarterly earnings of $30.69 per share, which beat the $27.48 estimate. The company reported quarterly revenue of $75.33 billion, which beat the estimate of $72.13 billion. 

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