Alphabet search revenue slump and Microsoft earnings outlook
GOOGL Alphabet Inc
$288.15 +1.18%
View chart & analysis → - 1Alphabet shares fell more than 10% in pre-market trading.
- 2Microsoft Azure growth reached 48%.
- 3Satya Nadella predicted group second-quarter revenue of $97 billion.
So what's the key point?
Alphabet's stock price dropped over 10% as search revenue declined. Meanwhile, Microsoft is expected to record $97 billion in revenue due to significant growth in cloud services.
Source The Wall Street Journal +4 · View original ↗
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