Alphabet shares plummet after cloud revenue falls short. What the pros say to do next

by | Oct 25, 2023 | Financial

Market Movers rounded up the latest reactions to Alphabet from investors and analysts. The pros, including Jim Cramer , talked about the tech giant a day after the company reported third-quarter results that beat on both earnings and revenue. The Google parent company also posted sales growth of 11% in the most recent quarter. Despite the beats, Alphabet’s stock had its worst day since March 2020 and dropped 9.5% Wednesday after the company missed the Street’s cloud revenue estimates .

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