Alphabet's first-quarter results showed a revenue of $90.2 billion, surpassing Wall Street's expectation. Despite a 16% decline in stock value earlier due to tariff concerns, Google’s Chief Business Officer reassured investors by downplaying the potential impact of trade policies on revenue. The company suggests that upcoming tariff changes will only create slight challenges for their ad business in 2025, indicating a confident stance amidst macroeconomic pressures. This nuanced perspective may encourage investor optimism moving forward, beyond just quarterly earnings results.
Google Chief Business Officer Philipp Schindler acknowledged the potential adverse effect on his company's business, noting in the Q1 earnings call that Google is "not immune to the macro environment."
Schindler mentioned President Donald Trump's decision to close the de minimis exemption of tariffs on Chinese imports ... He said it would only "cause a slight headwind to our Ads business in 2025, primarily from APAC-based [Asia-Pacific] retailers."
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