YouTube Ad Growth Provides Good News In Otherwise Choppy Q4 Report By Google Parent Alphabet
YouTube ad revenue provided a bright spot in an otherwise mixed quarter for Google parent Alphabet. In the period ended December 31, the tech giant reported revenue of 2.15. While those key metrics marked an improvement over the prior-year quarter and were largely in line with Wall Street forecasts, investors reacted badly to a miss on cloud revenue and a higher-than-expected outlook for capital expenditures. Shares plunged 6% in after-hours trading as the earnings ...