"While the closure of the exemption might create concerns for U.S. businesses, Schindler emphasized that the tariffs will exert only a slight headwind on Alphabet's ad revenue, especially in 2025."
"Despite worries around tariffs bringing Alphabet's stock down initially, Schindler's reassurances during the Q1 earnings call reflected a stable outlook for the companyâs advertising segment."
Alphabet reported better-than-expected revenue growth for Q1, achieving $90.2 billion against a prediction of $89.1 billion, prompting a rise in its stock price. While tariffs have been a concern, Chief Business Officer Philipp Schindler downplayed their potential impact on Alphabet's advertising business, stating it would only present a slight headwind by 2025. This outlook, along with strong revenue results, has instilled a sustained bullish sentiment among investors, despite prior uncertainties due to trade policies.
Read at The Motley Fool
Unable to calculate read time
Collection
[
|
...
]