Alphabet Inc shares fell 4% on Tuesday after the search giant posted its first h...
FILE PHOTO: The brand logo of Alphabet Inc's Google is seen outside its office in Beijing, China August 8, 2018. Picture taken with a fisheye lens. REUTERS/Thomas Peter/File Photo
The company’s market value slipped below the trillion-dollar level on a day broader markets were strongly higher. “While the mix of ad revenue differs from expectations, we believe it shows the sustainability of search growth led by mobile, and the headroom for YouTube, especially as bigger TV dollars begin to shift online,” J.P. Morgan analyst Doug Anmuth said.
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