02 February 2018

Alphabet is tumbling after a fourth quarter whiff and names John Hennessy as new board chair


MOUNTAIN VIEW, CA - MAY 18: Google CEO Sundar Pichai speaks during Google I/O 2016 at Shoreline Amphitheatre on May 19, 2016 in Mountain View, California. The annual Google I/O conference is runs through May 20. (Photo by Justin Sullivan/Getty Images) Google parent company Alphabet’s big run over the past few months came to a screeching halt today after it came out with its fourth-quarter results, which fell beneath expectations set by Wall Street for the advertising giant — sending the stock down around 5% and shaving off billions in market cap. While Google owns a massive chunk of the advertising system — and it still… Read More

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