GOOGL stock fell after Alphabet reported Q3 earnings that topped consensus estimates but cloud-computing sales growth missed estimates.
The companies plan to close on the transaction on Oct. 30. Investors appear to be betting that closing will be delayed.
In Q3, the Google parent's core advertising business performed solidly, but the Cloud business's year-over-year revenue growth decelerated sequentially.
There are three parts to the bull case for Alphabet Inc.'s stock, according to Bernstein analyst Mark Shmulik. But the Google parent company's latest ...
Google's Cloud revenue miss came in stark contrast to Microsoft's earnings, which showed accelerated growth in its Intelligent Cloud business.
Shares of Google parent Alphabet tumbled more than 9% in intraday trading Wednesday after the tech giant's cloud revenue fell short of expectations in the ...
By Jon Swartz. Ad revenue beats, but Wall Street worries about a cloud slowdown. Alphabet Inc.'s overall business expanded faster than it had in more than a ...