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IPFS News Link • Stock Market

Google Plummets Most Since 2012 As Wall Street Bails

• by Tyler Durdan

... and far below Facebook's 26% jump as Zuckerberg continues to steal market share away from the search engine giant, the stock of parent Alphabet tumbled the most in almost seven years amid a resuergence in fears that advertisers are shifting some spending to digital rivals like Facebook and Amazon and away from Google.

As Bloomberg notes, ad revenue growth was solid on mobile, but barely present on desktop and tablets, according to data gathered by digital marketing agency Merkle.