Sales keep soaring at Google parent Alphabet Inc., which also got an earnings jump-start from Uber Technologies Inc.
Alphabet’s net profit surged 73% to $9.4 billion in the first quarter, up from $5.4 billion in the same period last year, boosted by a change in accounting rules which caused the company to begin reporting the current fair value of nonmarketable securities. That included the company’s valuable stake in ride-hailing giant Uber, though it didn’t break out individual holdings.
...