Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Alphabet's Ad Business Slows to a Trickle. Time to Sell?

TheMotleyFool

0 0

Alphabet's Ad Business Slows to a Trickle. Time to Sell?: https://g.foolcdn.com/editorial/images/706215/woman-looking-at-phone.jpg

Coming into Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) third-quarter earnings report on Tuesday night, there were already signs that growth would be sluggish.

Fellow digital advertising stock Snap said revenue growth slowed to just 6% in its third quarter, and Alphabet management had already warned about macroeconomic uncertainty in its second-quarter earnings report.

Those fears were validated when the Google parent posted third-quarter results that were even worse than expected.

Source Fool.com

Like: 0

GOOGL

Share