Google shows a remarkable quarterly revenue Alphabet Inc, the parent company of Google, announced record quarterly revenue and earnings on Tuesday, owing to an increase in advertising expenditure as more people bought online. Alphabet the parent company of Google, which is the world’s largest source of search and video advertisements, saw its stock rise 3.3 percent in extended trading following the results, which was easily above analyst expectations. Facebook’s stock gained 1.3 percent on Wednesday, as the company competes with Google in digital ad sales and publishes its own statistics. Image Source: Logicloop Digital Overall, the top US IT giants had a great day, with Apple and Microsoft both reporting record earnings.