0:00 Alphabet (GOOG, GOOGL), Google’s parent company, reported second quarter results that topped Wall Street estimates on both the top and bottom lines. Earnings were $2.31 per share compared to a Bloomberg consensus estimate of $2.18. Revenue was $96.43 billion versus estimates of $93.97 billion. Revenue ex-TAC was $81.72 billion compared to the $79.6 billion estimate. The outlook for capital expenditures (CapEx), however, is higher than expected. The tech giant expects to spend $85 billion in the year, $10 billion more than had been previously expected. Roundhill Investments CEO Dave Mazza and Yahoo Finance Technology Editor Dan Howley join Market Domination Overtime with Josh Lipton to discuss the results.
05:07 Alphabet’s (GOOG, GOOGL) revenue growth is picking up across search, YouTube, and cloud after surpassing forecasts with strong advertising and cloud performance. ROTH MKM managing director and senior research analyst Rohit Kulkarni joins Josh Lipton to share his reaction to Alphabet’s (GOOG, GOOGL) earnings results.
09:39 Bernstein internet equity research analyst Mark Shmulik joins Market Catalysts with Julie Hyman and Wedbush Securities managing director and equity analyst Dan Ives to discuss Alphabet’s (GOOG, GOOGL) earnings report and the tech giant lifting its capital expenditure (CapEx) outlook.
For more Alphabet earnings and the latest financial news, please visit: https://finance.yahoo.com/
#youtube #Google #earnings
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