Last year was a hard one for investors. The S&P 500 and the tech-heavy Nasdaq Composite Index lost 19% and 33%, respectively, in 2022, marking their worst annual performances since 2008, when the global economy was being ravaged by the Great Recession. After posting a stellar annual revenue gain of 41% in 2021, Alphabet hit the brakes in 2022, increasing overall sales by only 9.8% for the year. Read More...
Last year was a hard one for investors. The S&P 500 and the tech-heavy Nasdaq Composite Index lost 19% and 33%, respectively, in 2022, marking their worst annual performances since 2008, when the global economy was being ravaged by the Great Recession. After posting a stellar annual revenue gain of 41% in 2021, Alphabet hit the brakes in 2022, increasing overall sales by only 9.8% for the year.
