Google’s Wall Street Estimates Are Walked Back Because of Elevated Costs
Alphabet Inc. (GOOGL) , Google’s parent company, beat fourth-quarter earnings estimates and grew revenue solidly, but elevated costs have many analysts on Wall Street concerned about future profits. Alphabet shares fell as much as 3% after earnings were released after markets closed Monday, and were down 0.79% to $1,132.45 on Tuesday. Strong ad revenue from […]
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