Browsing: Ruth Porat

Alphabet’s first-quarter revenue missed analysts’ estimates, sparking concern that advertisers are shifting some spending to digital rivals. Shares of Google’s parent company fell more than 7% following the results.

Alphabet has warned investors about a slew of new competitors, highlighting the company’s broad expansion beyond its original Google search business. It named rivals including Apple, Netflix and Hulu, while highlighting risks from

Google has spent years telling Wall Street its investments in non-advertising businesses will eventually pay off. Thursday’s results suggest that’s beginning to happen. Google parent Alphabet reported second