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Update: Alphabet Surprises as Ad Sales Beat Forecasts
After last week's 4.3 billion euro EU fine, analysts say the good news outweighs the bad
Shares in Google's parent company jumped as much as 5% in after-hours trading after the firm reported stronger ad sales than expected. While the company was fined 4.3 billion euro by EU regulators last week, Jim Edwards of Business Insider argues that the good news for Alphabet far outweighs the bad. For some follow-up market analysis, we turn to Peter Jankowskis, director of research at Oakbrook Investments in Chicago. And we hear about the multi-billion-dollar industry that will follow the legalisation of marijuana in Canada.
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