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Alphabet's Ad Revenue Misses: A Bottom Chance?

Alphabet Inc. reported Q2 revenue of $71.36 billion, surpassing the $70.7 billion analyst estimate, driven by cloud services and search engine ads. Net income was $1.89 per share, beating the $1.84 estimate. But the company reported a slowdown in advertising sales growth in the second quarter, triggering an after-hours selloff of its shares of about 1.5%. ---------------- How will Alphabet's ad misses imply for other companies? Like Meta and Snap? What's your target price for Alphabet? Is it a good bottom chance as the company beats the most indicators?

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