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Alphabet Shares Fall After Cloud Unit Misses Estimates

(Bloomberg) Alphabet Inc.’s cloud computing unit reported a smaller than expected profit, raising concerns about the company’s position in a market that is critical to its future. Shares of Alphabet fell as much as 7.2% in late trading.Most Read from BloombergIsrael Latest: US Determines Israel Wasn’t Behind Hospital BlastBig Tech Earnings Whipsaw QQQ in Late Trading: Markets WrapNobody Wants Mutual Funds NowAn Oil Giant Quietly Ditched the World’s Biggest Carbon Capture PlantChina Ousts Defe

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