Alphabet Earnings Growth Slows as Advertising Loses Momentum

Internet giant Alphabet, owner of Google reported worse than expected second quarter earnings after the close Tuesday. $GOOG reported the slowest quarterly sales growth in two years. Google advertising, which includes search and YouTube ads lost momentum with the economy receding and uncertainty denting cloud and YouTube revenues. Alphabet Reported ThirdQuarter Earnings After the Close Tuesday $1.21 Missed $1.32 EPS Forecast and $69.69B Missed$70 billion Forecast Conference call: 4:30 p.m. Earnings Alphabet second-quarter revenue was $69.69 billion, up 13% from … Continue reading “Alphabet Earnings Growth Slows as Advertising Loses Momentum”

Alphabet Earnings Deliver as Google Search Advertising Picks Up With Travel Activity

Internet giant Alphabet, owner of Google reported better than expected in third quarter earnings after the close Tuesday. Google advertising, which includes search and YouTube ads, exhibited accelerating momentum with the the economy and travel returning as did cloud and YouTube revenues.

Google Strength in Advertising Helps Alphabet Smash Earnings Targets

Internet giant Alphabet, owner of Google reported huge beats in second quarter earnings after the close Tuesday. Google advertising, which includes search and YouTube ads, exhibited accelerating momentum again as did cloud and YouTube revenues sending $GOOGL higher.