please contact sales@tanchin.hk for any inquiry
Alphabet, the world's leading provider of web search, advertising and video services, has increased its spending in cloud computing and consumer electronics in recent years. In the face of fierce competition from Amazon. O and Microsoft (MSFT. O), the company believes it is crucial to maintain its industry leading position.
However, compared with other industries, the limited product level financial information disclosure provided by Google has led investors to be increasingly uncertain about the impact of regulatory review, advertisers' boycott and Global trade tensions on their operations.
As a result, analysts said alphabet shares underperformed its peers, rising 17% in the 12 months to Monday, while Microsoft and Facebook (FB. O) rose 33% and 29%, respectively.
Alphabet shares fell 1.2 percent to $1274.00 in after hours trading on Monday.
Google is trying to prove that its cloud computing business is booming, disclosing that its revenue last quarter was about $2 billion, and that it intends to recruit thousands more people for the Department to stimulate business growth.
Haris Anwar, an analyst at investment.com, a financial markets platform, said the quarterly results raised questions. "The release of weaker than expected results at a time when large technology companies are being investigated for business practices not only adds uncertainty, but also adds a bit of pessimism to the popularity around the company," he said in an email to Reuters.


please contact sales@tanchin.hk for any inquiry
PREVIOUS:Bearing side cover packing Improvement        

6216/W64 6216-Z/W64 6216-2RS1/W64 6016/W64 6016-Z/W64 6016-2RS1/W64 16016/W64 61916/W64 61916-2RS1/W64 61816/W64 61816-2RS1/W64 6415/W64 6315/W64 6315-Z/W64 6315-2RS1/W64 6215/W64 6215-Z/W64 6215-2RS1/W64 6015/W64 6015-Z/W64