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-0.000356531660011341 -0.000487885429489194 -0.000491938631518804 0 -0.000142612664004434 -0.00175638754616141 -0.00963010778515021 -0.012925210916624
Stock impact report

The Most Important Takeaway That Drove Both Facebook and Alphabet Stocks Higher After Earnings [The Motley Fool]

Alphabet Inc. - Class C Capital Stock (GOOG) 
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
Company Research Source: The Motley Fool
This week was an important one for technology investors, as(NASDAQ:FBAmazon.comNASDAQ:AMZNAlphabetNASDAQ:GOOGLU.S. gross domestic product (GDP) shrunk in the first quarter, and many experts agree we are almost certainly in a recession. Many companies have been shifting to emergency mode, preparing to slash expenses and batten down the hatches to ride out the economic storm. When looking at corporate budgets, one of the first areas that is inevitably hit is marketing spend, which doesn't bode well for the digital advertising space.Yet comments made by execs from both and Google seemed to turn that notion on its head.Image source: Getty Images.A surprise from GoogleConsidering that investors were considering apocalyptic results from Alphabet, the results were surprisingly robust.ForBut it was comments by Alphabet CFO Ruth Porat during theearnings conference callThat wasn't a shock to anyone following the economic downturn, but the surprise came when Porat said (emphasis mine), "We have Show less Read more
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