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Despite Google parent company Alphabet's massive $16.4 billion in quarterly net income, the figure missed market expectations

Google-parent Alphabet Sees Quarterly Profit Slip

Alphabet reported net income of $16.4 billion in the first quarter on revenue that climbed 23 percent to $68 billion when compared to the same period last year. Alphabet profit was $17.9 billion in the first quarter of 2021.
The logo for Google in Manhattan, New York City, U.S., November 17, 2021.

Alphabet Misses Sales Estimates; Shares Sink

Google parent Alphabet Inc on Tuesday reported first-quarter revenue below expectations as ad sales amid supply-chain and inflation concerns and the war in Ukraine failed to make up for slower-than-anticipated growth in other units.
Caterpillar logo is pictured at the 'Bauma' Trade Fair for Construction Machinery, Building Material Machines, Mining Machines, Construction Vehicles and Construction Equipment in Munich, Germany, April 8, 2019.

Caterpillar Sales Seen Lifted By Oil, Commodity Prices

Caterpillar Inc is expected to report higher sales in its energy and mining businesses when it reports results on Thursday, aided by rising commodity prices sparked by the war in Ukraine, which could add to the large-equipment maker's reputation as an inflation hedge.

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