Por: The New York Times Tech October 26, 2022
Even Alphabet, the parent company of Google and one of the internet’s most entrenched businesses, was not immune to the punishing blows of the global economy and a sharp slowdown in the online advertising that is essential to the company’s profits.Alphabet on Tuesday reported a net profit of $13.9 billion in the third quarter, down 27 percent from a year earlier, while revenue climbed 6 percent to $69.1 billion. The earnings fell short of... + full article
Los Angeles Times USA Business October 26, 2022
Summertime revenue growth at Google’s corporate parent slipped to its slowest pace since the pandemic jarred the economy more than two years ago, with advertisers clamping down on spending and bracing for a potential recession. Analysts said that's a worrisome sign for... + más
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Fox Business USA Business October 26, 2022
Flowcode founder and CEO Tim Armstrong assesses the global tech market, telling 'Cavuto: Coast to Coast' this time reminds him of the post-dotcom bubble. Alphabet executives described its plans to reduce hiring as parent company reported its third-quarter earnings. ... + más
Google's ad sales slow dramatically, eroding parent's profit | ABC News
Associated Press USA Business October 26, 2022
SAN FRANCISCO (AP) — Summertime revenue growth at Google’s corporate parent slipped to its slowest pace since the pandemic jarred the economy more than two years ago, with advertisers clamping down on spending and bracing for a potential recession.Alphabet Inc., which owns... + más
WPLG Local 10 USA Tech October 26, 2022
SAN FRANCISCO – Summertime revenue growth at Google’s corporate parent slipped to its slowest pace since the pandemic jarred the economy more than two years ago, with advertisers clamping down on spending and bracing for a potential recession.Alphabet Inc., which owns an... + más
MarketWatch USA Business October 25, 2022
Analysts surveyed by FactSet had estimated net income of $1.26 a share on ex-TAC revenue of $58.2 billion and overall revenue of $71 billion. Alphabet shares slipped 6% in after-hours trading immediately following the release of the results, after closing with a 2% increase at... + más
Google ad sales take a hit and widely miss estimates, Alphabet stock drops 6% | MarketWatch
MarketWatch USA Politics October 25, 2022
ABC News USA Tech October 25, 2022
SAN FRANCISCO -- Summertime revenue growth at Google’s corporate parent slipped to its slowest pace since the pandemic jarred the economy more than two years ago, with advertisers clamping down on spending and bracing for a potential recession.Alphabet Inc., which owns an... + más
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