Google Parent And Microsoft Miss Expectations

Shares (Berlin: DI6.BE - news) in Google's parent firm, Alphabet (Xetra: ABEA.DE - news) , and Microsoft (Euronext: MSF.NX - news) fell in after-hours trading in New York after disappointing first quarter results. Both tech firms updated investors on their progress after the bell on Wall Street and Alphabet, the world's second-largest company by market capitalisation, suffered most - losing more than 6% or $32bn from its market value in the process. The company, that oversees a massive adve