Alphabet's stock has been negatively impacted after the company missed expectations on Google ad revenue. This led to a slide in Big Tech stocks. The company's stock tumbled following the report, with Google Cloud showing strong growth but ad revenue falling short of Wall Street's targets. Analysts had expected an acceleration in Google's ad revenue, which did not materialize.
MyPOV: @Alphabet’s stock falls as ad revenue falls short of Wall Street’s targets https://t.co/qZslY9mqcq @SiliconANGLE @Mike_Wheatley “We also saw strong growth in Google Cloud, which is now close to breaking the $10 billion recurring revenue barrier.” @holgermu @constellationr
.@Alphabet’s stock falls as advertising revenue falls short of Wall Street’s targets https://t.co/AqoagGLp8V @SiliconANGLE @Mike_Wheatley “We also saw strong growth in Google Cloud, which is now close to breaking the $10 billion recurring revenue barrier....” @holgermu #earnings https://t.co/bt5KBi7nua
Tread Very Carefully On $GOOGL Right Now @KeithMcCullough discussed key takeaways on Alphabet’s latest earnings report after the company reported ad revenue that missed analysts’ estimates. “The expectation for Google was that they’d show an acceleration—and they didn’t,”… https://t.co/GxsEemr8js
Alphabet stock tumbles after company misses expectations on Google ad revenue https://t.co/ZEDEPr28iN by @hshaban
Big Tech slides after Alphabet misses expectations on Google ad revenue https://t.co/E3Q39FEeuu by @hshaban
Alphabet stock slips after missing expectations on Google ad revenue https://t.co/0l7qHqON0P by @hshaban
Alphabet misses expectations on Google ad revenue, sending stock lower https://t.co/H0OMUim3vu by @hshaban