Google-parent Alphabet missed Wall Street estimates for first-quarter revenue, amid increased scrutiny on the company’s privacy practices and efforts to restrict advertising on potentially offensive content via ReutersTV
Google's parent alphabet missed Wall Street estimates for first quarter revenue on Monday posting its slowest growth in three years the disappointing earnings report comes after its rivals for ad dollars Facebook Snapchat Amazon and Twitter all posted results that were in line or above analyst's expectation last week so investors dumped shares in after hours trading pushing the stock down over seven percent Reuters reporter perished Ave I think what we see here is %HESITATION investors...
the one side and push down revenues on the others on the other side and investors are worried that this is the start of it Google and its rivals are all facing rising costs as the deal with data privacy issues for example advertisers want tighter controls on you too so that they don't appear to be sponsoring adult or offensive content and in the first quarter off with expenses also included a one point seven billion dollar fine from the European Commission grabbing placed anti competitive...
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