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Google Earnings Dip, Signaling Online-Ad Woes

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Google Earnings Dip, Signaling Online-Ad Woes

Google owner Alphabet Inc. reported Q1 earnings under Wall Street estimates. CFO for the parent company, Ruth Porat, says Q2 could be even slower

Blame Russia... The company blames the earning shortcomings on the Russian invasion of Ukraine, but analysts are not so sure. With new competitors, such as TikTok, impacting the online advertising industry, experts are hesitant to call the change temporary.

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