Business3 sources

Google Q3 Revenue Misses Estimates, Shares Drop

  • Google's Q3 revenue missed market estimates, causing a 7% drop in its stock price.
  • Search revenue growth slowed, contributing to the overall revenue shortfall.
  • Alphabet, Google's parent company, reported disappointing financial results.
  • Increased spending on AI projects also impacted the financial performance.
  • Google's stock price fell as investors reacted to the earnings report.