Alphabet Completes Stock Split, Persisting Headwinds are a Killjoy

Alphabet’s CFO, Ruth Porat, warned during the Q1 conference call that the company is up against tough year-over-year comparisons.

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Meanwhile, the ongoing macro headwinds will likely impact ad revenues in Q2.

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Also, adverse currency movement and the suspension of its major activities in Russia will likely affect its growth.

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Echoing similar sentiments, Monness analyst Brian White reduced his estimates and price target for GOOGL.

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