World Alphabet had $74 billion in market cap wiped out, and it’s blaming YouTube – CNBC


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Google has a YouTube problem, according to CFO Ruth Porat. On Monday, after reporting that ad revenue grew 15% versus the 24% it saw a year ago, Google’s parent company Alphabet saw its stock punished. It fell nearly 8% Tuesday …

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Read more via CNBC – https://cnb.cx/2V5xbrf

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