Mmastodon first seen 1 d ago, last 10 min ago, peak #1
Alphabet shares fall as profit misses expectations
Original: Investors turn on Google owner Alphabet after profit miss, ad slowdown and high spending
Alphabet, Google's parent company, faced an investor backlash after quarterly results came in below expectations. Net profit fell 25% from a year earlier to $26.2bn, well short of forecasts, even as revenue rose to $127.6bn. Analysts pointed to a slowdown in advertising growth and heavy spending, raising concerns about the company's cost discipline and outlook.
Why now: Alphabet's quarterly earnings missed forecasts, prompting investors to sell and renewing debate over its spending and ad business slowdown.
Rank over time, top of the chart is #1. 162 snapshots from 1 d ago to 10 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