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(GOOGL) shares declined after a report that Google's search revenues came in below market expectations.
With that miss registered, investors have turned their attention to the company's capital expenditure guidance, which remains pending.
Search shortfall weighs on Alphabet Google's search revenues fell short of expectations, a report showed, and Alphabet shares fell in response. No figure for the size of the shortfall appeared in the report.
The decline followed the disclosure of the miss without additional detail from the company. Investors wait on Alphabet capex plans The pending focus for the market is Alphabet's capital expenditure guidance.
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