Mmastodon first seen 1 d ago, last 4 min ago, peak #1
Alphabet shares fall after profit miss and ad slowdown
Original: Investors turn on Google owner Alphabet after profit miss, ad slowdown and high spending
Alphabet, Google's parent company, reported quarterly net profit of $26.2bn, down 25% from a year earlier and well below analyst expectations, while revenue rose to $127.6bn. Investors reacted negatively, citing weaker advertising growth and high spending, and the company's shares came under pressure as concerns mount over its heavy investment plans.
Why now: The disappointing quarterly results and investor backlash are dominating business news right now
Rank over time, top of the chart is #1. 48 snapshots from 11 h ago to 4 min ago.
Evidence
- Investors turn on Google owner Alphabet after profit miss, ad slowdown and high spending · The Guardian
Net profit slid 25% from a year earlier to $26.2bn, well short of expectations, though revenue rose to $127.6bn
API: https://socialmediatrends-api.osmike.com/v1/trends/4372185