Shares in Google owner Alphabet plummet on profit miss, ad slowdown

T2Covered by 1 source · first reported by Phys.org / ScienceDaily (tech) at 29 Oct, 10:20 UTC

Shares in Google parent Alphabet fell more than 10% in after-hours trading Wednesday as the company reported lower-than-expected profit and a slowdown in its advertising business while it maintained big spending on AI.

Sources

• T2Shares in Google owner Alphabet plummet on profit miss, ad slowdownPhys.org / ScienceDaily (tech)29 Oct, 10:20