Google’s revenues of $96.5 billion in Q4 reflected a 12% y-o-y gain. The growth was led by its cloud business, with segment sales up a solid 30% to $11.96 billion. Google search revenue was up 12.5% ...
Google-parent Alphabet Inc shares lost 5% this week wiping of $200 billion in MCap from the US-based tech giant. Shares were trading lower in premarket session ahead of Friday’s Wall Street open.
Investors focused most intensely on Alphabet’s cloud services business which generated lower-than-expected revenue, a weak forecast, and aims to spend $75 billion – ...