Google parent Alphabet on Tuesday reported a quarterly profit of $19.7 billion powered by money taken in from ads, YouTube, and cloud services. Alphabet beat market expectations, bringing in $76.7 billion in revenue, versus $69 billion in the same period a year earlier. "I'm pleased with our financial results and our product momentum this quarter," Alphabet chief executive Sundar Pichai said in an earnings release. Pichai added that Alphabet is continuing to focus on making artificial intelligence "more helpful for everyone," promising "exciting progress" on that front.