Photography by Ore Huiying/Bloomberg Text size Alphabet The stock suffered a historic bad day in response to its earnings release, which ended with the stock’s biggest percentage drop since 2012. The stock (ticker: GOOGL) closed down 7.5% on Tuesday, its biggest percentage drop since October 18, 2012, when its shares fell 8%. At the time, […]
Wall Street slashed Google on Tuesday, wiping out $ 70 billion from its parent company’s stock market value after the internet giant struggled to explain a shortfall in its last quarterly revenue that has left analysts frustrated and worried about a possible erosion of its advertising core. Business. Google revealed late the day before that […]
Alphabet Inc.’s revenue growth slowed in early 2019, according to a Monday afternoon earnings report that sent stocks tumbling after-hours. Google’s parent company fell short of expectations as all of its major sales categories performed slightly below expectations in the first quarter, and another big fine outside of Europe sapped the company’s profits . GOOGL […]
Even google (GOOGL) – Get the Class A report from Alphabet Inc.Analysts were baffled by Google’s management lack of clarity on the details of the change to its advertising revenue, which caused first quarter revenue to miss target. But a clue from an analyst and a color from an advertising expert point to what may […]
Alphabet Inc. shares fell more than 7% today in after-hours trading after Google’s parent company missed Wall Street’s first-quarter earnings targets amid a slowing global economy. growth in online ad sales, and its profits took a $1.7 billion hit from another fine from the European Commission. Overall results for the quarter ended March 31 were […]