Alphabet gains 8.17%

Source: Dukascopy Bank SA


At the start of Wednesday's US trading hours, the stock price of Alphabet jumped 8.17%, as the company announced better than expected earnings.

The market consensus earnings estimate was at 15.77 USD per share. Instead, the company reported 22.30 USD per share earnings, which was a 6.53 USD or 41.41% surprise.

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