Alphabet’s debut of YouTube and Google cloud results hits shares
04 February 2020 - 21:46
San Francisco — Alphabet's new CEO Sundar Pichai unveiled sales figures that investors have long demanded, but shares fell 5% as Google's advertising business and the new data about YouTube and Google Cloud broadly disappointed.
Pichai had sought to counter slowing revenue growth in the company's main advertising business by pointing to the Silicon Valley firm's younger units...
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