Google’s parent company resulted in expectations, the stock started clearly

Google the parent company’s Alphabet October-December Net sales were approximately $ 96.5 billion, which is about 12 % more than during the corresponding period a year earlier.

However, the result was below the expectations of analysts, and the value of the company’s shares began to decline. According to AFP news agency, the value of Alphabet shares dipped up to more than seven percent on the post -exchange.

Disappointment was less than expected in terms of net sales growth and the company’s forecast of 2025 capital investments.

Bloomberg According to the company, the company predicted that the investments would be in the order of 75 billion instead of 57.9 billion expected by analysts.