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Google dips after reporting an earnings miss (GOOGL, GOOG)

Shares of Alphabet's Google dropped 2.44% on Thursday after it reported quarterly earnings that missed Wall Street's estimates. Google reported revenue of $25.9 billion, below Wall Street's estimates of $26.23 billion. It reported non-adjusted earnings of $9.70 per share, compared to analysts' estimates of $10.04 per share. Its traffic acquisition costs, a concern for Wall Street observers, was $6.
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