Google parent Alphabet’s small sales miss eases recession worries

Google parent Alphabet’s small sales miss eases recession worries

A Google sign is pictured outside the Google office in Berlin, Germany, August 31, 2021. REUTERS/Annegret Hilse

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July 26 (Reuters) – Alphabet Inc (GOOGL.O) on Tuesday barely missed estimates for quarterly revenue, showing that its industry-leading Google search and advertising business may be able to withstand big countries potentially going into recession over the next year.

Shares of Alphabet rose 3.5% in after-hours trading.

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