Alphabet Revenue Disappoints on Weak Cloud Sales
Source: New York Times
Alphabet, Google’s parent company, reported sales that narrowly fell short of Wall Street’s expectations, weighed down by disappointing growth in the company’s cloud-computing division, which sells the company’s artificial intelligence tools to other businesses.The Silicon Valley giant reported revenue of $95.5 billion in its most recent quarter, an increase of 12 percent from a year earlier, but short of the…
This is aggregated or syndicated coverage. Reporting and media belong to the original publisher.
Read the original source at New York Times