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Stock impact report

Alphabet stock rises on 13% revenue growth [CNBC]

FactSet Research Systems Inc. (FDS) 
Last factset research systems inc. earnings: 3/26 07:01 am Check Earnings Report
US:NYSE Investor Relations: investor.factset.com
Company Research Source: CNBC
AlphabetHere's how the company did:: $9.87 per share, adjustedAlphabet's revenue growth rate slowed to 13% in the quarter from 17% one quarter earlier, according to astatementAnalysts polled by FactSet had expected $2.81 billion in first-quarter cloud revenue, and analysts polled by StreetAccount had expected $4.14 billion in revenue for the quarter. Alphabet disclosed cloud and YouTube advertising revenue for the first time last quarter. Javier Soltero, 's vice president and general manager of G Suite, told CNBC earlier this month that the Meet video-calling service included in G Suite was getting 25 times more use than it did in January.Travel companies like Expedia Group and Booking Holdings normally spend heavily on search ads, since so many travelers search for trips with terms like "flight to London" or "hotel in San Francisco." But Expedia recently said it normally spends $5 billion on ads, but that it probably "won't spend $1 billion" this year. Similarly, Booking could slas Show less Read more
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