Google parent Alphabet (GOOGL, GOOG) posted better-than-expected fourth quarter results after the market close on Tuesday. The tech giant reported earnings of $1.64 per share, topping the $1.59 estimate. Ex-TAC revenue of $72.32 billion was better than the Bloomberg consensus expectation of $70.97 billion. Ad revenue, however, fell just short, $65.52 billion versus an estimated $65.8 billion.
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