New York Alphabet's startup investments appeared to be a headache for the company in its most recent quarter.
Google 's parent company said Monday that its revenue for the three months ending in September topped $40 billion, an increase of 20% from the same period a year earlier. But the company's earnings missed Wall Street's expectations by a wide margin, in part because of its investments.The company reported a roughly $1.5 billion hit from"unrealized losses on equity investments that we hold.
Speaking of wrong expectations, fire Sean Duffy.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: