Upbeat: For Alphabet, search traffic on mobiles surpassed desktop traffic worldwide for the first time, while Amazon was able to boost margins, an area of concern, as its cloud business boomed.
Google's parent Alphabet Inc missed Wall Street targets for first-quarter profit and revenue, driving shares of the Web search company down 6% in late trading on April 21.
Alphabet, the world's No.2 publicly traded company by market capitalisation, just missed analysts' revenue targets, citing the strong US dollar.
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