Alphabet Cloud Doubles, But Stock Slides
Alphabet (NASDAQ: GOOGL), Google’s parent company, reported third-quarter revenue of $127.6bn, up 25%, but profit per share fell and the shares were down 7.4% in early after-hours trading on Wednesday. Results came after the US close today. The stock finished the regular Nasdaq session at about $326, roughly 20% below its May high. After-hours trading…