Google results disappoint – vindication for our global portfolio?

In January 2019, Alphabet – the parent company of Google – was dropped from the Biznews global portfolio after delivering returns of over 100% in four years. Since the global portfolio sold the share at $1,091, it has risen to just under $1,480. But as the latest results illustrate, the things that worried us last year are still prominent concerns. In this podcast, which features content from The Wall Street Journal's Tech News Briefing, I explore Alphabet's latest results and ask the question: Did we make the right call? – Felicity Duncan

Alphabet is a tech success story. When Google launched as a search algorithm twenty-odd years ago, no one imagined it would grow into one of the world's most profitable companies. Yet last week, Alphabet once again topped a trillion-dollar valuation as the company has continued to deliver huge cash flows from its advertising business.

___STEADY_PAYWALL___