Google Posts Slowing Sales Growth

Google Posts Slowing Sales Growth

Google parent

Alphabet Inc.


GOOG -3.04%

posted slower sales growth as global economic turmoil disrupted digital advertising spending, which has already been easing after pandemic-fueled highs.

The company said first quarter sales rose 23% from the year-ago period, the lowest rate for the tech giant since late 2020. The company at the time saw a period of massive sales growth, as small and large businesses…


Source link

About search

Check Also

OpenAI Is Readying a Search Product to Rival Google, Perplexity – Bloomberg

OpenAI Is Readying a Search Product to Rival Google, Perplexity – Bloomberg

[unable to retrieve full-text content]OpenAI Is Readying a Search Product to Rival Google, Perplexity  Bloomberg Source …

Leave a Reply

Your email address will not be published. Required fields are marked *