Alphabet Profit Falls as Revenue Rises 25% — SkimNews
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- Alphabet missed on earnings, dragging Wall Street futures lower and leaving Asian shares wobbling.
- Alphabet posted 25% revenue growth as profit fell, detailed additional AI capital spending and drew criticism that its “China+1” strategy did not add up.
Why it matters: For Alphabet investors, the decisive result was lower profit despite 25% revenue growth, not the headline sales increase. That disappointment was transmitted directly into lower Wall Street futures and wobbling Asian shares, alongside disclosures of more AI capital spending and doubts over “China+1.”
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