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Google stock: One impressive earnings stat explains red-hot price

Bloomberg

Google Growth Overshadowed by Slower YouTube and Cloud Results

(Bloomberg) — Google parent Alphabet Inc. reported quarterly sales that topped Wall Street estimates, reflecting robust advertiser spending, but disappointing results from its YouTube and cloud-computing divisions weighed on the stock.Most Read from BloombergA Deep Dive Into Squid Game’s World of InequalityMeet Six People Fighting Water Scarcity Across the GlobeHamburg Is at the Heart of Germany’s Growing Dilemma Over ChinaThird-quarter revenue, excluding payments to distribution partners, was

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