Alphabet: Google parent company’s shares drop after latest earnings report

Report comes as company faces internal worker turmoil, and a recent $1.7bn fine from the EU Google shares slumped on Monday after the company failed to beat analyst predictions, following a year of internal turmoil, privacy concerns, and several international fines. The companys stock was down 7% in after-hours trading after it reported first quarter revenue of $36.34bn, lower than the $37.33bn revenue forecast by analysts. The quarter one earnings represent a 17% increase from the same time last year, in which it reported $31.15bn in revenue. In a call with investors on Monday, Googles CEO, Sundar Pichai, said the company would continue to invest more in algorithms on YouTube, following recent incidents that saw the platform offering hate speech, …