{"id":86291,"date":"2023-10-25T00:06:17","date_gmt":"2023-10-25T04:06:17","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=86291"},"modified":"2023-10-24T23:41:17","modified_gmt":"2023-10-25T03:41:17","slug":"alphabet-shares-drop-as-cloud-miss-overshadows-better-than-expected-overall-results","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2023\/alphabet-shares-drop-as-cloud-miss-overshadows-better-than-expected-overall-results.html","title":{"rendered":"Alphabet shares drop as cloud miss overshadows better-than-expected overall results"},"content":{"rendered":"\n<p>(CNBC) <a href=\"https:\/\/www.cnbc.com\/quotes\/GOOGL\/\">Alphabet<\/a> reported 11% revenue growth in the third quarter, as a rebound in advertising pushed expansion into double digits for the first time in over a year. The shares dropped almost 7% in extended trading as the cloud business missed analysts\u2019 estimates. The double-digit increase in revenue comes after four quarters of <a href=\"https:\/\/www.cnbc.com\/2023\/07\/25\/alphabet-googl-q2-earnings-report-2023.html\">single-digit<\/a> expansion. Google\u2019s core advertising weakened due to economic softening last year and increased competition from TikTok. <\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/10\/24\/alphabet-googl-earnings-q3-2023.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Alphabet reported 11% revenue growth in the third quarter, as a rebound in advertising pushed expansion into double digits for the first time in over a year. The shares dropped almost 7% in extended trading as the cloud business [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-86291","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/86291","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=86291"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/86291\/revisions"}],"predecessor-version":[{"id":86292,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/86291\/revisions\/86292"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=86291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=86291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=86291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}