Alphabet-parent Google reported disappointing results for the third quarter. The search giant reported a third quarter revenue of $69 billion, up 6% from a year ago but lower than analyst estimates of $70.9 billion. Earnings were $1.06 a share vs. an estimated $1.27 a share.
Shares were down more than 5% in after hours trading as the report heightened ongoing concerns about the impact of recession fears and other macroeconomic headwinds.
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