Detailed text transcripts for TV channel - MSNBC - 20180424:09:50:00
Weeks ago. >> joe manna, koogle's parent company, alphabet has reported a first quarter earnings, shares dipped in value. what are investors concerned about? >> so alphabet beat on both top-line and bottom line if you want to look at the numbers, the profits were up 84% quarter-on-quarter. the revenues came in at $31 billion, of which advertising accounted for about $26 billion. still up 20% year on year. but the stock ended down because there was concern about a revenue slowing in the second quarter and also the announced very heavy expenses on research and development side so that's going to...
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