Google Shares Fall 10% After Broad Q3 Sales Miss — SkimNews
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- Alphabet reported third-quarter sales below expectations across core businesses, with the earnings disappointing at nearly every turn.
- Google shares fell 10% as growth in Search revenue slowed.
Why it matters: For Alphabet shareholders, the 10% share decline is the immediate cost of a Q3 miss that reached across core businesses rather than one unit. Search revenue growth slowing as well means the report put both Alphabet’s broader performance and a central Google business under the same investor scrutiny.
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