- Alphabet's stock plunged almost 8% on Tuesday, slashing the market cap of Google's parent company by about $70 billion to $831 billion.
- Alphabet reported a 17% rise in first-quarter revenue, its slowest sales growth in three years.
- Earnings per share of $11.90 bested consensus forecasts, excluding a €1.5 billion fine ($1.7 billion) by European competition regulators.
- Growth in Google's advertising sales and paid clicks slowed, and cost-per-click fell 19%.
- George Salmon, an equity analyst at Hargreaves Lansdown, said it's "a nasty combination of growth in traffic to Google ads slowing and lower revenue per click from those ads that's upset the market."
- Alphabet reported a sharp decline in ad revenue growth Monday, sending the stock down more than 8% on Tuesday.
- Alphabet’s CFO said changes to the YouTube algorithm caused lower engagement and ad revenue growth on the site.
- Ruth Porat was probably referring to changes YouTube made to curb the spread of fake news and conspiracy theories. It shows YouTube is willing to forego some short-term ad revenue for the long-term health of the company.
It seems Youtube is in trouble, they recent awful policy, bad algorithm and how they mistreated small creator unfairly compared to big company has made a low traffic.
They need to change, they need to assign more people as worker not AI, and need to remember how individual creator and subscription basis make them popular. They becoming worse since they giving money to CNN, Buzzfeed and other big corporation.
I wonder how Google stadia will affected in long term, or probably Google Stadia is their answer to boost Youtube? From my opinion Stadia will not stand for 3 years at best.
⚠️ WARNED: Substance (thread title needed update, refused to do it) ~ CGILast edited by CGI-Quality - on 02 May 2019