Alphabet shares spike after earnings show Q1 revenue hit wasn't as bad as expected [CNBC]
Alphabet Inc. - Class C Capital Stock (GOOG)
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
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Source: CNBC
Shares ofAlphabetreported earnings that beat revenue expectationsTheGooglerevenue growth of 13% from the previous yearAnalysts were heartened by executives' comments suggesting the sharpest hit to revenues may be behind them. On the company's analyst call, Porat said the company is also seeing "early signs" of users "returning to more commercial behavior" but warned they don't yet know how long that behavior will last or whether it will be monetizable.Direct response ads on YouTube in particular stayed strong throughout the quarter. YouTube advertising brought in $4.04 billion in the quarter, up 33% year on year. While brand advertising slowed down around mid-March, direct response ads, which are used to prompt users to take an action like visiting a website, continued to grow.With more people spending time inside, executives said Google products are seeing a surge in engagement on platforms like Android, YouTube and Google Classroom. The company also expressed confidence in its buyba
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GOOG
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GOOG
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- 12/2/25 - Form 4
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