Tag: Alphabet company

Disappointing growth hits Google parent Alphabet shares

by Glenn CHAPMAN Agence France-Presse SAN FRANCISCO, United States (AFP) — Google parent Alphabet missed revenue expectations in the fourth quarter despite stellar growth at YouTube and in the cloud, earnings figures released Monday showed. Detailing its cloud computing and YouTube revenues for the first time, Alphabet reported that profits rose 19 percent from a year ago in the quarter to nearly $10.7 billion as revenues increased 17 percent to $46 billion. Alphabet and Google chief […]