Google parent Alphabet misses Wall Street revenue estimates; shares fall

Google parent Alphabet Inc on Thursday missed analysts` quarterly revenue estimates for the first time in at least two years and reported continuing erosion of its operating margin, sending shares down almost 7 percent after hours.

Google parent Alphabet misses Wall Street revenue estimates;
Google ad sales contributed 86 percent of revenue, but growth slowed to 20 percent from nearly 24 percent last quarter. Image courtesy: Reuters

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