GOOGLE STILL THRIVING: The Internet search and advertising leader’s third-quarter results made it seem like Google Inc. is operating in an isolated bubble of prosperity amid mounting fears of another global recession. The company’s earnings climbed 26 percent to $2.7 billion while revenue rose 33 percent to $9.7 billion. Google also hired nearly 2,600 workers.
SO FAR SO GOOD: It’s the second straight quarter that Google has blown past analyst forecasts since founder Larry Page replaced Eric Schmidt as CEO in April.
INVESTORS APPROVE: Google’s stock price surged more than 6 percent in extended trading after the numbers came out.