Google falls for the first time ever

But Google’s ad sales were picking back up again by the end of the quarter, chief financial officer Ruth Porat said on a conference call. And growth at YouTube and Google’s cloud business continued to be relatively strong. Shares inched higher in extended trading.

“We are cautiously encouraged by our results,” Porat said, adding that “it’s premature to say that we’re out of the woods.”

Google’s giant advertising business had already begun to slow well before the pandemic….

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