BusinessPhoto: Mint MarketsAlphabet Shares Drop 10% After Q3 Earnings Miss Expectations
Alphabet Inc.'s shares fell over 10% in after-hours trading on October 28 after the company reported third-quarter results that disappointed investors. Despite a 25% revenue increase to $127.6 billion driven by Google Cloud and Search, net income dropped to $26.2 billion from $35 billion last year. EPS declined to $2.12 from $2.87, raising concerns about its advertising business.
Mint Markets·


