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Overall revenue rose 21 percent to $33.74 billion, missing analysts’ estimate by about $310 million, according to Refinitiv data. Google ad sales contributed 86 percent of revenue, but growth slowed to 20 percent from nearly 24 percent last quarter. “Google’s earnings momentum remains strong,” said Haris Anwar, senior analyst at Investing.com. “But if you dig in a little deeper, there are cost pressures which are building up and are mainly responsible for this period’s disappointment.”.

The company attributed much of the slower revenue growth to unfavorable currency exchange rates, Lower ad pricing to contend with antitrust concerns, new privacy rules in Europe and increased competition from Amazon.com Inc (AMZN.O) may have played a role too, financial analysts said, Non-advertising revenue, such as from sales of mobile apps sterling round scroll with carnelian stone cufflinks and cloud computing services, also came in slightly below expectations, Those results combined with rising expenses brought down the company’s operating margin to 25 percent from 28 percent a year ago..

After falling as low $1028.77, Shares of Alphabet were down about 3 percent to $1,071.01 after hours from their close at $1103.59. Alphabet reported net profit of $9.2 billion, or $13.06 per share, compared with $6.7 billion, or $9.57 per share in the year-ago quarter. That beat the average analyst estimate of $10.45. Earnings were boosted by a lower tax rate and favorable valuation of the firm’s investments in startups such as Uber Technologies Inc [UBER.UL]. Alphabet has committed to providing cloud computing services and selling hardware over the last few years. It has also ventured into areas where commercial opportunities are nascent, including regions such as India and Nigeria and businesses such as self-driving cars.

The Waymo operation in Phoenix is in the early stages of testing pricing, Alphabet Chief Financial Officer Ruth Porat said on a conference call on Thursday, noting that some employers were sponsoring workers’ rides, Priming Alphabet’s newer ventures has been costly in terms of marketing and hiring, with about 5,300 employees added in the third quarter, Alphabet’s cost of revenue was $14.3 billion in the third quarter, up 28 percent from a year ago, Capital expenditures soared to $5.3 billion from $3.5 billion sterling round scroll with carnelian stone cufflinks last year, with 20 data center sites in development, Porat said..

Google has posted strong revenue growth for several years as retailers flock to buy product image ads on Google’s search engine and commercials on YouTube. But Google’s cost structure has been disrupted by surges in usage of its services on smartphones, where the company splits ad revenue with technology makers such as Apple Inc (AAPL.O), and smart speakers, where ads do not appear. Google has been fined $7.7 billion for antitrust violations in Europe over the last two years, and heightened attention on privacy, security, competition and the rise of artificial intelligence tools has led investors to fret about potentially costly regulatory scrutiny in the United States and elsewhere.

WASHINGTON (Reuters) - A prominent Republican on the U.S, Senate Agriculture Committee complained on Thursday about Chinese-owned Smithfield Foods Inc receiving aid from sterling round scroll with carnelian stone cufflinks the U.S, Department of Agriculture meant to help American farmers hurt by China’s trade tariffs, “I don’t understand why Chinese owned Smithfield qualifies for USDA $$ meant to help our farmers,” Senator Charles Grassley of Iowa wrote on Twitter, Smithfield, the world’s biggest pork processor, is a unit of Hong Kong-based WH Group Ltd (0288.HK)..

A spokeswoman for Smithfield rejected that it has applied for federal assistance, saying the company was not eligible for the direct payment program. Instead, she said it was involved in a program that was to supply the USDA with requested and domestically produced products which aimed to support pork prices for producers. “Any approved vendor that can supply the requested product can bid for the contract. Any business can become a vendor if it meets certain requirements from USDA and is approved to supply products to USDA. As an American pork company, Smithfield meets these requirements and has been an approved vendor for many years,” she said.

In July, sterling round scroll with carnelian stone cufflinks the Agriculture Department announced a $12 billion aid package for U.S, farmers hurt by retaliatory tariffs from American trading partners, The program includes $1.2 billion in purchases of commodities, including pork, But Secretary of Agriculture Sonny Perdue earlier this month said the aid could end up being smaller following the announcement of a new trade deal between Canada, Mexico and U.S, to replace the North American Free Trade Agreement, known as NAFTA, The United States has slapped tariffs on $250 billion worth of Chinese goods this year as part of Republican President Donald Trump’s vow to cut the U.S, trade deficit with China..

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