Google's parent alphabet missed Wall Street estimates for first quarter revenue on Monday posting its slowest growth in three years the disappointing earnings report comes after its rivals for ad dollars Facebook Snapchat Amazon and Twitter all posted results that were in line or above analyst's expectation last week so investors dumped shares in after hours trading pushing the stock down over seven percent Reuters reporter perished Ave I think what we see here is %HESITATION investors...
the one side and push down revenues on the others on the other side and investors are worried that this is the start of it Google and its rivals are all facing rising costs as the deal with data privacy issues for example advertisers want tighter controls on you too so that they don't appear to be sponsoring adult or offensive content and in the first quarter off with expenses also included a one point seven billion dollar fine from the European Commission grabbing placed anti competitive...
TV Bad day for Google stock. It will bounce back!
TV An 8% drop? They missed the market by a lot. With their market cap... What is that, $75 billion dollars of lost value?
TV Just be Evil .
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: MarketWatch - 🏆 3. / 97 Read more »
Source: CNBC - 🏆 12. / 72 Read more »
Source: MarketWatch - 🏆 3. / 97 Read more »