Monday, April 29, 2019

Google drops 7% on revenue miss due to fizzling ad business

While Microsoft saw a 72% increase in their cloud business, Google's primary revenue engine appears to be running out of steam, with their Q1 2019 growth disappointing investors in today's earnings announcement. CNBC reports that Google missed analyst revenue expectations by $1 billion, resulting in $60 billion being wiped from Google's market cap. Alphabet, Google's […]

Read More: Google drops 7% on revenue miss due to fizzling ad business



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