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Alphabet's 2Q earns soar despite rising 'moonshot' losses

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SAN FRANCISCO— Business is booming at Google's parent company, Alphabet Inc., even as it loses billions of dollars on kooky-sounding projects that may never produce any revenue. Huge chunks of the losses have been piling up in Alphabet's "X'' lab, a wellspring of far-out ideas that has become known as a" moonshot factory "since Google co-founder Sergey Brin launched...

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