Google Earnings Top Estimates With $24 Billion Quarterly Profit

Category: Business

Alphabet exceeded Wall Street expectations in its Q2 earnings report, driven by significant advertising revenue, particularly from Google and YouTube. The company reported a 31% increase in adjusted earnings per share compared to last year and is valued at nearly $2.3 trillion. Alphabet's stock has seen a substantial rise, and its planned acquisition of cybersecurity firm Wiz was canceled.

Keywords: Alphabet, Earnings Report, Advertising Revenue

Source: Forbes

Update At: 7/24/2024

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