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President Donald Trump‘s trade policy will have a negative impact on Google Valent Alphabet‘s basic advertising work, an Executive Director of the company said on Thursday.
Alphabet, this declare In the first quarter of the year, stronger income from the expected is facing an online advertising market outside the fact that Trump’s tariffs affect economics and business expenses. The word “Tariff” was never celebrated on Thursday, “Macro” was recorded several times by pepper company executors with questions about the economic impact on the new economic influence in the new trade policy.
Several Strategists, on April 2, after Trump, increased the rise in a recession. Trump on April 9 The false tariffs Up to 10% in many countries within three months.
The alphabet will probably affect artificial intelligence by the necessary materials such as the information centers used for strength efforts. Budget restrictions can also see the second effects on the retraction of advertising.
On Thursday, the alphabet managers said that the alphabet managers said that it would be very early to say that it would be very early, especially from the Asia-Pacific region, or the head of the Asa-Pacific region.
“Other factors you see in vertical or regions or regions that may show signs of weakness?” Morgan Stanley’s Nowak Brian asked.
“Changes to the freedom of minimis, first of all, we would not want to think about potential effects, noting that the ads will be a little bit of a little title, Google’s chief employee.
At the beginning of this month, Trump has signed disposal From May 1, a 30% of the $ 800, which is worth $ 800, which is $ 800, which is $ 800, which is $ 800, which is $ 800, which starts in the United States, will be installed. Drink a space Since the 1930s, such packages were allowed to be duty. The change brought material and technical problems that result in the postponement of the policy of policies.
Schindler, the most contributing to the growth of advertising in the first quarter, is at least 21% of Google advertising revenues. Before retreated to spending anymore.
“We have not openly immunity to the macro environment,” Schindler said.
“Do we all begin to react to some of these macro shots?” He asked Barclays from Barclays to Ross Sandler about advertise brands on YouTube.
Schindler, “It’s still too early in the second quarter to have a more concrete view of things.” He added that Google has many experience in “managing through uncertain times.”
“If you find the macro weaken and more slowly, will you find additional opportunities to reduce costs more?” Doug Anmuth from Jpmorgan asked.
Alphabet CFO Anat Ashkenazi said the company still looked at spending $ 75 billion In 2025 capital expenditures, but designed, “” Investment and the level of investment and construction and construction schedules can change from the quarter to imprisonment. ”
Expenditures technical infrastructure, primarily for servers, then information centers and networks, managers said In February.
The company still focuses on “driving efficiency and productivity throughout the organizational”, “Ashkenazi pointed to him on Thursday 2024 CommentsThere, “Always will always push a little more” to reduce the costs of the body’s capacity and real estate.
Alphabet CEO Sundar Pichai also noted as a tool to try to keep a lean company to potential macro storms in the “efficiency”.
“If the macro environment was changed and changed downward, investors should think about this year, almost in nature, can be more comfortable?” Goldman asked Sachs Eric Sheridan.
Pichai replied that the company plans to unite teams and stop the rising in elsewhere, and “we must help a stronger organization, regardless of macroeconomic conditions.”
– CNBC’s Rector of Jordan contributed to this report.
