Alphabet meets earnings expectations but misses on YouTube ad revenue
Publishing timestamp: 2024-07-23 16:00:01
Summary
Alphabet reported strong revenue growth driven by search and cloud, but missed on YouTube advertising revenue. Despite this, the company's ad revenue continues to grow. The company also announced a new multiyear investment in its self-driving car company Waymo.
Sentiment: MIXED
Keywords: sundar pichai, barack obama, alphabet class c, breaking news: technology, breaking news: earnings, technology, internet, business news, hubspot inc, google, alphabet inc, earnings, dividends,
Source: https://www.cnbc.com/2024/07/23/alphabet-set-to-report-q2-earnings-results-after-the-bell.html