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.
Aurora Cannabis Inc. (NYSE: ACB) reported third quarter 2021 earnings results today. Total revenues fell 25% year-over-year to CAD55.1 million. Adjusted EBITDA loss amounted to CAD24 million. Cash balance as
Media behemoth The Walt Disney Company (NYSE: DIS) reported second-quarter revenues that declined from last year as customers stayed away from theatres and parks due to pandemic-related safety issues and
Shares of Tattooed Chef Inc. (NASDAQ: TTCF) have gained 57% over the past 12 months but has dropped 25% since the start of this year. The sentiment on the stock