TikTok, YouTube Competition Heats Up

Google Stock Falls

Google stock fell as YouTube advertising growth fell short of expectations amid rising competition with TikTok.

Google Shares Down 17% This Year

In the first quarter, the company repurchased $13.3 billion of Google stock vs. $13.5 billion in the December quarter and $12.6 billion in the September quarter.

The growth of TikTok  on the Internet was driven by short videos. That put YouTube upwind, analysts says.

Google stocks falls by 20 % due to Tiktok and Youtube competition heats up

The Stock Is Dropping.

The earnings miss dragged Alphabet shares lower, with the stock down nearly 20% this month alone.

Google earnings report, the stock had shed 17% in 2022 amid volatility in the Nasdaq.

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