Alphabet A Earnings, Revenue Miss in Q2

Alphabet reported on Tuesday second-quarter earnings that missed analysts’ forecasts and revenue that fell short of expectations.

Alphabet A announced earnings per share of $1.21 on revenue of $69.69B.

Alphabet A shares are down 27% from the beginning of the year, still down 30.70% from its 52 week high of $151.55 set on February 2. They are under-performing the Nasdaq which is down 26.09% from the start of the year.