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.
Snap Inc. (NYSE: SNAP) reported second quarter 2021 earnings results today. Revenues increased 116% year-over-year to $982 million. Net loss amounted to $151.6 million, or $0.10 per share, compared to
Microblogging platform Twitter, Inc. (NYSE: TWTR) Thursday reported a profit for the second quarter of fiscal 2021, compared to a loss last year. Both earnings and revenue came in above
Intel Corporation (NASDAQ: INTC) Thursday reported financial results for the second quarter of 2021. The revenue was reported at $19.6 billion compared to $19.7 billion in the previous year's second