Alphabet (NASDAQ:GOOG) reported quarterly earnings of $1.21 per share which missed the analyst consensus estimate of $1.31 by 7.63 percent. This is a 11.03 percent decrease over earnings of $1.36 per share from the same period last year. The company reported quarterly sales of $69.98 billion which missed the analyst consensus estimate of $70.35 billion by 0.52 percent. This is a 13.10 percent increase over sales of $61.88 billion the same period last year.
Crude Oil Edges Lower; US Services PMI Rises In November
U.S. stocks traded mixed toward the end of trading, with the Dow Jones index gaining over 50 points on Friday.
The Dow traded up 0.19% to 35,339.66 while the NASDAQ fell 0.14% to 14,245.17. The S&P 500 also fell, dropping, 0.03% to 4,555.43. U.S. stock markets were closed Thursday for the Thanksgiving holiday and will also close early today.