Alphabet second-quarter revenue beats estimates

Alphabet second-quarter revenue beats estimates

Alphabet shares rose about 8 per cent after the company reported quarterly results that eased investors’ concerns about growth challenges facing Google’s advertising business. Alphabet, which generates about 85 per cent of its revenue from sales of ad space and ad tech, reported total second-quarter revenue of $38.9 billion, up 19 per cent over last year.

Simone
Simone
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