00:00Google's parent company, Alphabet, reported its first-ever quarter with more than $100 billion in revenue,
00:06showcasing the strength of its internet business despite ongoing legal and competitive pressures.
00:12Third-quarter revenue rose 16% year-over-year to $102.3 billion, while profit jumped 33% to nearly $35 billion,
00:21both beating analyst expectations.
00:24The results come just after a federal judge issued a limited ruling in the Justice Department's
00:28monopoly case against Google, which investors viewed as a win for the company.
00:33Alphabet's stock surged more than 6% in extended trading and has climbed 30% since September,
00:40adding that $770 billion in market value.
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