(Bloomberg) — Google parent Alphabet Inc. reported first-quarter revenue that fell short of analysts’ expectations, a rare miss for the technology giant reflecting slower ad sales in Europe and a lackluster performance by its YouTube video service. The shares declined about 6% in extended trading.
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The company also announced a $70 billion share buyback program.
Revenue, excluding payouts to distribution partners, increased 20% to $56 billion in the period ended March…
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