Alphabet reported weaker and slow revenue growth than-expected earnings due to the Pandemic.
As of Tuesday’s market close, S&P 500 has declined by around more than 12% and Alphabet stocks have fallen 18% over the same period.
Though during the recovery in 2022, Alphabet stated to invest heavily in new locations of U.S. real estate projects.
Refinitivexpected $25.91 as Earnings per share.
According to Refinitiv Revenue is estimated to be $68.11 billion.
According to StreetAccount that “YouTube advertising revenue “ expects to $7.51 billion is possible.
$5.76 billion is expected from Google Cloud revenue, according to StreetAccount
StreetAccount, is expected $11.69 Billion from the cost of trafficacquisition.