Google’s advertising revenue in the opening months of 2023 came close to matching the buoyant results it reported a year ago, allowing parent Alphabet to top Wall Street’s earnings expectations and lifting its shares 4 per cent in after-market trading on Tuesday.
The results followed two quarters of earnings disappointments, as advertisers pulled back and growth in cloud computing slowed sharply. Advertising revenue had slipped 4 per cent in the final three months of last year,…
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