SAN FRANCISCO --- While Google has dominated the online ad market for almost the entirety of its existence, its first quarter earnings report suggests that competitors may be nipping at its heels. Investors pushed down the stock of Google's parent company, Alphabet, more than 7% in after-hours trading Monday after it reported revenue that fell short of analyst expectations. That dip could shave more than $65 billion from Alphabet's market value if it holds when the markets open Tuesday. Google's advertising revenue, its key moneymaker, grew by 15 percent to $30.7 billion --- slower than investors had hoped. Its digital-ad rivals Facebook ...
Keep on reading: Slowing digital-ad growth could force change on Google
from INQUIRER.net http://bit.ly/2Wa58U6
add
Subscribe to:
Post Comments (Atom)
Motorcyclist dead in Lucena collision
LUCENA CITY ---- A motorcyclist running against a one-way street died after he collided with another motorcycle in Lucena City early Friday....
-
Javelin thrower Annu Rani and 5000m runner Parul Chaudhary won a silver and a bronze respectively as India opened its medal account on the o...
-
MANILA, Philippines --- The Philippines and Japan would sign at least 10 business agreements during the visit of President Rodrigo Duterte i...
-
MANILA, Philippines---The semifinals series between defending champion San Miguel and Phoenix in the PBA Philippine Cup certainly brought ou...
No comments:
Post a Comment