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Tag Archives: Google parent Alphabet hit by rising costs

Google parent Alphabet hit by rising costs


February 7, 2019

SAN FRANCISCO: Google parent Alphabet reported quarterly earnings beating Wall Street expectations on Monday, but shares slipped, with investors apparently focused on rising costs at the technology giant. Alphabet reported a profit of $8.9 billion in the fourth quarter on revenue that was up 22 percent to $39.3 billion from the same period a year earlier. “With great opportunities ahead, …

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