Alphabet Earnings Beat With Strong Google Advertising and Cloud Revenue

Internet giant Alphabet, owner of Google reported better than expected second quarter earnings after the market Thursday. Alphabet approved a repurchase of up to an additional $25 billion. $GOOGL stock rose over 8% on the release.

Alphabet Earnings Suffer From Slowing Google Advertising Revenue

Internet giant Alphabet, owner of Google reported worse than expected first quarter earnings after the market Monday. $GOOGL stock fell over 7% on the release. Q1 included a $1.7 billion (€1.5 billion) fine from the European Commission over anticompetitive advertising. 

Alphabet Earnings Beat BUT Revenue Miss and Traffic Acquisition Costs Rise

FANG member, internet monsters Alphabet, owner of Google reported mixed third quarter earnings, beating EPS but missing on revenue forecasts. Home Hub, recent Google next-generation Pixel smartphones, Pixel 3 and 3XL outlooks are key.

Amazon Blocks Australian Shoppers Over New Online Sales Tax

Amazon has responded to a new sales tax on online sales that it had previously avoided in Australia by blocking Australians from it’s global sites over the new tax.  The Tax was put on overseas merchants to create a ‘level playing field’ for local businesses. 

Alphabet Earnings Beat But Rising Traffic Aquisition Costs Concern

The week of the FANG, internet monsters Alphabet, owner of Google started off on Monday beating earnings and revenues. Going forward there is concern about rising traffic aquisition costs which saw $GOOGL shares trade up then down.