Google Parent Alphabet Rides High Online Consumer Activity to Post Record Profit, Plans $50 Billion Buyback

Google Parent Alphabet Rides High Online Consumer Activity to Post Record Profit, Plans $50 Billion Buyback https://ift.tt/32Rwp2C Google owner Alphabet reported record profit for the second consecutive quarter and a $50-billion (Rs. 3,72,780 crores) share buyback but warned a surge in usage and advertising sales during the pandemic may slow as people resume in-person activities.