Google's Persisting Ad Slump Weighs On Alphabet's Q1 Results
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SAN FRANCISCO (AP) — Google’s advertising malaise persisted during the first quarter while the internet company also grapples with advancements in artificial intelligence technology that threaten to undercut its dominant search engine. An unprecedented downturn in Google’s digital ad revenue – the company’s main moneymaker for more than 20 years – came into sharper focus […]
In their respective earnings calls on Tuesday, the tech giants, which are becoming rivals in the competition for the future of search, offered up starkly different assessments of just how much disruption is in store for the market.
(Bloomberg) -- Alphabet Inc. Google and Microsoft Corp., whose quarterly earnings each received a boost from their established search and cloud-computing
Google parent company Alphabet beat market expectations in the first quarter of 2023 with a net profit of $15 billion, the company said on Tuesday, in a sign that the search engine behemoth is regaining its footing.