Google layoffs?

Apr 26 18 Comments

They missed earnings, stock is down big time

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TOP 18 Comments
  • Apple
    PPGN23

    Go to company page Apple

    PPGN23
    First quarter earning was up 23% from same quarter last year. Any business that has this growth is a good business. I don’t know why people are selling off the stock.
    Apr 26 2
    • The company was facing a tough comparison from the quarter a year ago when it posted 32% growth in advertising sales thanks to a return of commercial activity after the introduction of Covid-19 vaccines helped curtail the virus and lift lockouts. This year, Google’s ad sales grew 22% in the first quarter.

      YouTube generated ad revenue of $6.87 billion, compared with analysts’ average estimate of $7.4 billion. In prior quarters, Google has said that Apple Inc.’s ban on third-party ad-targeting curtailed some of YouTube’s business on iPhones. Ahead of the earnings, Daniel Salmon, an BMO Equity Research analyst, lowered estimates for YouTube sales in part to reflect the heightened competition from ByteDance Ltd.’s TikTok video app.

      - Bloomberg
      Apr 26
    • Ad sales decreasing could be indicative of a larger problem to come, hence the drop.
      Apr 26
  • Dell
    Bh07

    Go to company page Dell

    Bh07
    The level of panic on blind is beating that on street
    Apr 26 0
  • Amazon / Eng
    xxcgn

    Go to company page Amazon Eng

    xxcgn
    3.5 percent!!!! Call the fire department!!
    Apr 26 0
  • Zoox
    QMnY63

    Go to company page Zoox

    QMnY63
    “Stock is down big time” lmao is 0% yoy
    Apr 26 0
  • Google
    NotSunDP

    Go to company page Google

    NotSunDP
    If there are layoffs at Google, there will be layoffs at Microsoft and nearly all other tech companies because we’ll be in a big R recession.
    Apr 26 5