Mmastodon first seen 1 d ago, last 11 min ago, peak #1
Alphabet shares fall as profit misses and ad growth slows
Original: Investors turn on Google owner Alphabet after profit miss, ad slowdown and high spending
Alphabet, Google's parent company, faces investor backlash after quarterly results fell short of Wall Street expectations. Net profit slid 25% from a year earlier to $26.2bn, well below forecasts, even as revenue rose to $127.6bn. Analysts point to a slowdown in advertising growth and heavy spending on artificial intelligence infrastructure, prompting a sharp negative market reaction.
Why now: The company's quarterly earnings disappointed investors, raising concerns about slowing ad revenue and high AI spending.
Rank over time, top of the chart is #1. 113 snapshots from 1 d ago to 11 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