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James Cordwell

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Alphabet Shares Dips 5 Percent After Google And YouTube Unveil Sales Figures
February 4th, 2020 - 06:53 GMT

Alphabet Shares Dips 5 Percent After Google And YouTube Unveil Sales Figures

Alphabet Inc's Chief Executive Sundar Pichai unveiled sales figures that investors have long demanded, but shares fell 5 percent 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. But Pichai's reveal that Google's YouTube video streaming unit is generating ad revenue ...
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