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Google’s advertising sales fall in sharper than expected slowdown

Google’s advertising revenue slipped 4 per cent in the final quarter of last year, marking only the second quarterly contraction in the company’s history, according to figures released late on Thursday. The advertising decline followed a sharp slowdown in Google’s business last year as economic growth weakened and the pandemic-fuelled boom in digital services receded. It left parent Alphabet with overall revenue growth of only 1 per cent, compared to the 32 per cent surge in business it registered the year before. Read More...

Yahoo Finance Video

Apple earnings: 3 things we’re watching after the Q1 earnings call

Apple (AAPL) earnings are expected at 4:30 pm ET Thursday, February 2nd, 2023. Apple CEO Tim Cook is set to take center stage on the earnings call. Investors will be watching closely for key items including iPhones, fallout from ongoing lockdowns in China, mounting layoffs in the tech industry and beyond and questions about the state of the U.S. economy overall. Yahoo Finance’s Brian Sozzi and Brad Smith break down the three things they’re watching after the call.Make sure you tune into their live coverage following Apple’s earnings call later this afternoon Watch: Yahoo Finance Live Programming – 10am ET: Cathie Wood discusses tech earnings – 11am ET: Why the earnings call matters – 4:30pm ET: Dave Briggs and Seana Smith bring Apple’s earnings to you live – 6pm ET (or when the earnings call ends): Brian Sozzi and Brad Smith will have a vibe check with market reaction and a look ahead at what Apple’s results mean for both consumers and investors.

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