Google Stock Plunges After Q3 Sales Miss — SkimNews
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- Google stock plunged as Q3 sales fell short of expectations.
- Sundar Pichai reported that Alphabet’s cloud revenue grew 82% last quarter while the Gemini app reached 950 million monthly users.
Why it matters: For Google shareholders, the immediate consequence was a stock plunge after Alphabet’s Q3 sales missed expectations. Yet the reported 82% cloud-revenue growth and Gemini’s 950 million monthly users show that the disappointing result sat alongside substantial scale in Alphabet’s AI businesses.
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