Alphabet's Stock Drops Despite Strong Earnings and Business Growth
TL;DR
Despite reporting better-than-expected earnings, Google parent Alphabet's stock fell about 4% after the release of its quarterly results, with revenue of $76.69 billion and net income of $19.69 billion.
- Google Parent Alphabet's Stock Falls Despite Better-Than-Expected Earnings The Wall Street Journal
- Alphabet shares drop as cloud miss overshadows better-than-expected overall results CNBC
- Alphabet beats Q3 revenue and earnings, but cloud business falls short Yahoo Finance
- Live news: Alphabet misses sales forecast for cloud division Financial Times
- Google parent Alphabet's business growth is fastest in a year-plus on ad boost MarketWatch
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Read on The Wall Street Journal