Three Red Flags In Alphabet’s Earnings That Sent Its Shares Down 7%

Google parent Alphabet’s stock tumbled 7% after reporting its first-quarter earnings that included some troubling signs including slowing growth, difficulties in its hardware division, and disappointing guidance. After the market closed, the company’s shares fell to $1,200.70 from $1,296.20. Google CEO Sundar Pichai tried to reassure investors by suggesting the problems were only temporary. “We’ve […]