Alphabet beats Wall Street estimates, but spending worries investors

Alphabet beats Wall Street estimates, but spending worries investors

5 years ago
Anonymous $Dftgs0JzgE

https://www.reuters.com/article/us-alphabet-results/alphabet-beats-wall-street-estimates-but-spending-worries-investors-idUSKCN1PT26W

Alphabet Inc's fourth-quarter revenue and profit beat Wall Street's expectations on Monday but sharply higher spending, as it added data centers, cloud engineers and marketed its services heavily during the holidays, worried investors.

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