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DeepNewz, mobile.
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Alphabet Inc. is expected to report its slowest revenue growth in four quarters when it releases its Q3 earnings on Tuesday. The anticipated slowdown is attributed to increased competition affecting its core Google Search business and a decline in YouTube advertising revenue. Analysts have noted that regulatory scrutiny and market pressures are contributing factors to this trend, which could impact the company's overall financial performance in the upcoming report.
Former $GOOGL employee shares his view on the company and the ad industry: - In his view, $GOOGL got some pushback when they launched PMax from ad agencies because some advertisers, particularly their agencies, started questioning their own value proposition. - He thinks GenAI… https://t.co/oRKBsHIyyl
Alphabet's Q3 revenue growth likely to slow as competition pressures Search, YouTube https://t.co/cE0XBcjSQ9
#Alphabet will likely post its slowest revenue growth in four quarters on Tuesday, hurt by competition that weighed on its core #Google Search business and dented #YouTube ad spending. https://t.co/2wW1YiS9Oo
