GOOGLE SHARES FALL 10% AS GROWTH IN SEARCH REVENUE SLOWS

Summary from the TLDR newsletter

Google's advertising business failed to deliver on analysts' estimates in the third quarter. The company is still figuring out how to translate AI into faster sales in its core web-search business. While Alphabet reported 25% revenue for the quarter, revenue from search advertising decelerated. Its cloud business exceeded analyst expectations, drawing in $30.7 billion out of Alphabet's total of $127.6 billion in sales.