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Alphabet Share Prices Drops on Earnings Report

Shares of Alphabet fell more than 2% in after hours trading following the company reporting that it generated $10.12 per share in profits, which was $2.34 less than expected. So reports CNBC.

Bullish traders, however, identified numerous appealing Alphabet characteristics, including the company’s cloud business growing 33% year over year and the more than 1 billion Google Maps users who have yet to be monetized.

Read the full article from CNBC.

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