Alphabet trounces profit estimates in Q2 2018, easily offsets EU fine

---

(Reuters) — Google parent Alphabet Inc on Monday reported that its profit margin rose in the second quarter, delivering investors a long-awaited sign that expenses are coming into check. Shares jumped more than 5 percent after hours. Growth in the company’s traffic acquisition costs, a key expense, decreased for the first time in three…Read More

from VentureBeat http://bit.ly/2NF6kKr