New Delhi, Feb. 7 -- The multinational technology conglomerate and Google's holding company, Alphabet Inc., shares have lost 5 per cent this week, wiping off nearly $200 billion in market capitalisation, according to stock market data.
As of February 7, Alphabet's market capitalisation stands at $2.35 trillion, compared to $2.5 trillion on February 1, according to data collected from Companymarketcap.
Shares of the Google-parent Alphabet dropped in New York after the company announced its fourth-quarter results on February 5.
The tech firm's revenues from the Google Cloud business missed analysts' estimates, coming in at $11.96 billion, compared to the analyst estimates of $12.17 billion, as per a Yahoo Finance report.
The results sho...
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