Shares of Google’s parent company neared all-time highs on Thursday as cash from its search engine business dwarfed continued losses from its quirky “moonshot” divisions. Alphabet — which in addition to owning Google invests in a hodgepodge of off-the-wall, high-tech “Other Bets” such as self-driving cars — said second-quarter profit surged 24 percent to $4.9...
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Source: New York Post