%{{tag.tag}} {{articledata.title}} {{moment(articledata.cdate)}} @{{articledata.company.replace(" ","")}} comment Investing.com -- Alphabet reported Tuesday third-quarter results that topped Wall Street estimates as the search giant's advertising revenue climbed, easing concerns about the threat of competition from artificial intelligence search products. Alphabet Inc Class A (NASDAQ:GOOGL) rose more than 3% in afterhours trading following the report. The company reported earnings of $2.12 per share on revenue of $88.27 billion. That compared with expectations for earnings of $1.84 per share on revenue of $86.37B. The beat on the top and bottom lines comes as revenue in its core advertising business grew. Advertising revenue rose to $65.85B in Q3 from $59.65B in the prior-year period, with YouTube advertising revenue rose to $8.92B from $7.95B. Google Cloud revenue jumped to $11.35B from $8.41B in the period-year period.This content was originally published on http://Investing.com