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2021-07-28

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Alphabet earnings boom in Q2, boosted by ad revenues, cloud Yahoo Finance

Alphabet, the parent company of search giant Google blew away Wall Street's second quarter estimates

Alphabet earnings boom in Q2, boosted by ad revenues, cloud Yahoo Finance

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Like!!","highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/803804533","repostId":1130824999,"repostType":4,"repost":{"id":"1130824999","kind":"news","pubTimestamp":1627427687,"share":"https://www.laohu8.com/m/news/1130824999?lang=&edition=full","pubTime":"2021-07-28 07:14","market":"us","language":"en","title":"Alphabet earnings boom in Q2, boosted by ad revenues, cloud Yahoo Finance","url":"https://stock-news.laohu8.com/highlight/detail?id=1130824999","media":"finance.yahoo","summary":"Alphabet, the parent company of search giant Google blew away Wall Street's second quarter estimates","content":"<p>Alphabet, the parent company of search giant Google&nbsp;blew away Wall Street's second quarter estimates on Tuesday, bolstered bystrength in advertising and cloud computing.</p>\n<p>Here were the main results from Alphabet's report, compared to consensus estimates compiled by Bloomberg:</p>\n<ul>\n <li><p><b>Q2 Revenue: $61.88 billion vs. $56.23 billion expected</b></p></li>\n <li><p><b>GAAP earnings per share: $27.26 vs. $19.325 expected</b></p></li>\n</ul>\n<p>Thanks to the tech giant's linchpin, Google Search, ad revenues skyrocketed by 69% from the comparable year ago quarter. Overall total revenue soared by 62% from Q2 of 2020.</p>\n<p>During the quarter, “there was a rising tide of online activity in many parts of the world, and we’re proud that our services helped so many consumers and businesses,\" said Sundar Pichai, CEO of Google and Alphabet.</p>\n<p>\"Our long-term investments in AI and Google Cloud are helping us drive significant improvements in everyone’s digital experience,\" he added.</p>\n<p>The stock jumped by over 2% after hours, which if those gains hold will propel its market cap closer to 2 trillion in Wednesday's session.</p>\n<p>\"Everything impressed for Alphabet: Google’s ad business roared back, YouTube Ads revenue nearly doubled, and cloud revenue rose over 53% from a year ago,\" noted Edward Moya, senior market analyst at OANDA.</p>\n<p>In an exclusive sit-down with Yahoo Finance in May, CEO Sundar Pichai called Search his \"ultimate moonshot,\" even in light of the other projects the company is involved with.</p>\n<p>\"I see all the limitations. Even today, when people type in a complex query, we're looking at keywords trying to match it,\" he said.</p>\n<p>\"We still have a long way to go to actually understand what the user's intent is, the context, where they are coming from, and giving the best answer. So that is still the moonshot,\" Pichai added.</p>\n<p>Google, along with other big technology like <a href=\"https://laohu8.com/S/FB\">Facebook</a> (FB), Amazon (AMZN) and Apple (AAPL), have found themselves in the eye of a political storm, as lawmakers in Washington debate whether to tighten regulation on large technology behemoths. Pichai has warned thatinternet freedom is under threatas governments move to safeguard user privacy and data, and block the dissemination of misinformation.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alphabet earnings boom in Q2, boosted by ad revenues, cloud Yahoo Finance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlphabet earnings boom in Q2, boosted by ad revenues, cloud Yahoo Finance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-28 07:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/alphabet-google-q-2-2021-earnings-201747036.html><strong>finance.yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alphabet, the parent company of search giant Google blew away Wall Street's second quarter estimates on Tuesday, bolstered bystrength in advertising and cloud computing.\nHere were the main results ...</p>\n\n<a href=\"https://finance.yahoo.com/news/alphabet-google-q-2-2021-earnings-201747036.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOGL":"谷歌A","GOOG":"谷歌"},"source_url":"https://finance.yahoo.com/news/alphabet-google-q-2-2021-earnings-201747036.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130824999","content_text":"Alphabet, the parent company of search giant Google blew away Wall Street's second quarter estimates on Tuesday, bolstered bystrength in advertising and cloud computing.\nHere were the main results from Alphabet's report, compared to consensus estimates compiled by Bloomberg:\n\nQ2 Revenue: $61.88 billion vs. $56.23 billion expected\nGAAP earnings per share: $27.26 vs. $19.325 expected\n\nThanks to the tech giant's linchpin, Google Search, ad revenues skyrocketed by 69% from the comparable year ago quarter. Overall total revenue soared by 62% from Q2 of 2020.\nDuring the quarter, “there was a rising tide of online activity in many parts of the world, and we’re proud that our services helped so many consumers and businesses,\" said Sundar Pichai, CEO of Google and Alphabet.\n\"Our long-term investments in AI and Google Cloud are helping us drive significant improvements in everyone’s digital experience,\" he added.\nThe stock jumped by over 2% after hours, which if those gains hold will propel its market cap closer to 2 trillion in Wednesday's session.\n\"Everything impressed for Alphabet: Google’s ad business roared back, YouTube Ads revenue nearly doubled, and cloud revenue rose over 53% from a year ago,\" noted Edward Moya, senior market analyst at OANDA.\nIn an exclusive sit-down with Yahoo Finance in May, CEO Sundar Pichai called Search his \"ultimate moonshot,\" even in light of the other projects the company is involved with.\n\"I see all the limitations. Even today, when people type in a complex query, we're looking at keywords trying to match it,\" he said.\n\"We still have a long way to go to actually understand what the user's intent is, the context, where they are coming from, and giving the best answer. So that is still the moonshot,\" Pichai added.\nGoogle, along with other big technology like Facebook (FB), Amazon (AMZN) and Apple (AAPL), have found themselves in the eye of a political storm, as lawmakers in Washington debate whether to tighten regulation on large technology behemoths. Pichai has warned thatinternet freedom is under threatas governments move to safeguard user privacy and data, and block the dissemination of misinformation.","news_type":1},"isVote":1,"tweetType":1,"viewCount":375,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":18,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}