Google misses Wall Street expectations, Alphabet stock sinks in early after-hours trading
Alphabet Inc., Google's parent company, reported strong revenue growth in its third quarter, but it fell short of Wall Street expectations. The company announced net income of $26.17 billion for the July-to-September period, down from $34.98 billion a year earlier. Revenue increased by 25% to $127.58 billion, slightly below analysts' expectations of $127.97 billion. The earnings per share were impacted by an $8.7 billion loss on equity...