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Alphabet Shares Drop 8% as Google Expands AI Search Ads Amid Decelerating Core Revenue Growth
National Finance
[SID-CMVSN]
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DEV
Active PriorityDeveloping

Alphabet Shares Drop 8% as Google Expands AI Search Ads Amid Decelerating Core Revenue Growth

worth trackingUpdated 4h ago

Key takeaway: Alphabet reported Q3 revenue below analyst expectations and a net income decrease, leading to an 8% stock decline, while simultaneously expanding AI-powered search ads globally to counter decelerating core advertising growth.

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