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YouTube Q4 Ad Sales Rise 15% As Parent Alphabet Sees AI Investment, Severance Payouts
AlphabetAlphabet(US:GOOG) Deadline·2024-01-31 05:32

Google parent Alphabet reported decent numbers for the fourth quarter of 2023, including a 15.5% hike in YouTube  advertising to 9.2billion(from9.2 billion (from 7.8 billion), solid but disappointing the market a bit with shares down 4%. Most numbers met but didn’t exceed forecasts at a time of very high expectations for tech stocks. Google Search & other advertising was 48billionfrom48 billion from 42.6 billion. Google Network saw ad revenue of 8.3billionvs8.3 billion vs 8.5 billion. So total Google advertising including YouTube of $65.5 ...