IMAGE SOURCE: ALPHABET, INC.
Google parent Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) announced stronger-than-expected third-quarter 2016 results Thursday after the market close, marking its fourth report since shifting to a segment-based reporting model earlier this year. With Alphabet stock up 1% as of this writing after briefly touching a fresh all-time high, it’s apparent the market is happy with what it had to say.