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Alphabet sales drop for first time on Google ad cutbacks in pandemic | News

Alphabet sales drop for first time on Google ad cutbacks in pandemic | News

Thursday, July 30, 2020 4:24 p.m. EDT by Thomson Reuters By Paresh Dave and Munsif Vengattil OAKLAND, Calif./BENGALURU (Reuters) – Google parent Alphabet Inc’s quarterly sales fell for the first time in its 16 years as a public company, but the decline was less than expected as many advertisers stuck with the most popular online search engine during the pandemic. Shares of Alphabet fell 1.2% to $1,518.85 after it released the… Source link

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