After yesterday’s big-tech antitrust hearing, Alphabet (NASDAQ: GOOG/GOOGL), the parent of Google, reported second quarter 2020 earnings results today. Alphabet’s earnings and revenue dropped from the prior-year quarter. However, both the bottom and topline numbers beat the market’s estimates.
Advertising revenue declined 8% year-over-year to $29.9 billion in the second quarter. Search & Other revenue dropped 10% or $2.3 billion to $21.3 billion.
Alphabet shares were trading up about 1% in the after-market hours.
Yelp (NYSE: YELP) reported second-quarter financial results after the regular trading hours on Thursday. The results were better than what the street had anticipated. YELP shares rose 4% immediately following the
Uber Technologies (NYSE: UBER) reported its second-quarter 2020 financial results after the regular trading hours on Thursday. Revenues exceeded the estimates, while the bottom-line missed. Shares of the ride-hailing company
TMobile US Inc. (NASDAQ: TMUS) on Thursday announced financial results for the second quarter of 2020, reporting a 61% increase in revenues aided by strong customer growth. The results also