Google stock plunges 10% after Alphabet’s $127.6 billion quarter disappoints Wall Street
By Jai Hamid
Google stock dropped more than 10% after Alphabet (GOOGL) delivered a $127.58 billion third quarter that fell short of Wall Street’s expectations. Revenue grew 25%, but spending on artificial intelligence left investors worried about cash. Alphabet’s AI bill keeps getting bigger Analysts surveyed by LSEG had expected…
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