Google’s parent posted a sustained rise in revenue in the first quarter, suggesting that Silicon Valley might weather the coronavirus pandemic better than others in the corporate world.

Alphabet Inc., an online-advertising powerhouse, reported total revenue of $41.2 billion for the first quarter, up 13% compared with a year earlier. Though the company doesn’t provide future guidance for earnings and frequently diverges from market expectations, this was a particularly well-timed reveal for a company that has been a model…

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