Alphabet earnings preview: Google 'should prove resilient,' Search advertising still robust_老虎社区_美港股上老虎

Alphabet earnings preview: Google 'should prove resilient,' Search advertising still robust

Yahoo2021-10-26

Alphabet (GOOGL,GOOG) is set to report third-quarter earnings results after market close on Tuesday, with Wall Street optimistic the technology giant saw a resurgence in its search business as travel ...

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SPOT_ON
·2021-10-27
Sell on news !!!
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- SPOT_ON:
  👍 👍 👍 👍 👍
  2021-10-27
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- angskk:
  ok
  2021-10-27
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kw29
·2021-10-27
[Grin]
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ahteow
·2021-10-26
Please help to like my post 🙏🏻🙏🏻🙏🏻 will comment/like back
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DanielleKuek
·2021-10-26
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Moreover, after such consistent outperformance from GOOGL over 18 months, we think investors are beginning to look for an incremental leg to the story.\"\n\"With that said, we think GOOGL should prove resilient owing to YouTube’s leadership in CTV [connected TV] and the continued emergence of Cloud,\" he added.\nSearch has remained by far the biggest contributor to Alphabet's overall top-line growth, with search growing 68% to bring in $35.85 billion inrevenue in the second quarter,before traffic-acquisition costs.\nOther parts of the business have also been growing even more quickly and have comprised areas of opportunity for Alphabet to continue building out. YouTube ad sales grew 84% to top $7 billion in revenue in the second quarter. Google Cloud, a competitor to incumbent leaders in the cloud computing space like Microsoft Azure and Amazon Web Services, grew sales 54% to $4.63 billion last quarter.\nLast week, however, Alphabet's shares sold off, tracking a broad move lower in ad-driven technology companies' stocks after Snap (SNAP) reported current-quarter guidance that fell far short of consensus estimates.\nIn its release, Snap cited changes to Apple's iOS operating system, which allows users to adjust how apps track their data, as a major headwind to its advertiser base, since the changes impacted how advertisers can track the strength of their ad campaigns. 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