Google’s corporate parent on Wednesday announced its first-ever quarter with more than $100 billion in revenue. The milestone illustrates the unwavering power of its internet empire amid legal and competitive threats. The news of Alphabet Inc.’s faster earnings growth comes on the heels of a court ruling in the U.S. Justice Department’s landmark monopoly case against Google’s dominant search engine that was widely seen as a mild rebuke. Alphabet's powerhouse July-September period saw its profits and revenue exceeded analyst projections. The company's shares rose nearly 5% on the news.
