Google-Parent Alphabet Reports Earnings Today. What to Expect.

Alphabet’s earnings report, due after the close of trading on Tuesday, should provide fresh evidence on the current state of the digital advertising environment—as well as important data points on the strength of the cloud computing business. Analysts are optimistic on both fronts.

Likewise, Wedbush analyst Scott Devitt wrote in a recent research note that the setup for digital advertising plays remains positive for the second half, with growth rates continuing to accelerate. He also sees potential for operating margin leverage from cost cuts tied to recent staff reductions. Another focus for investors will be how YouTube’s debut this season of its NFL Sunday Ticket football package is being received by consumers—and whether it is boosting uptake for the YouTube TV subscription service. And of course there will be multiple questions on the call about how generative artificial intelligence—like the company’s Bard chatbot—are impacting both costs and revenue.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Alphabet earnings: What to expect from the Google parentAlphabet posts results after Tuesday’s closing bell
Source: MarketWatch - 🏆 3. / 97 Read more »

Stock Market Today: Dow Futures Rise; Bitcoin JumpsEarnings seasons heats up again, with Microsoft and Google parent Alphabet among the companies reporting
Source: WSJ - 🏆 98. / 63 Read more »

S&P 500 futures gain as Treasury yields fall further, Microsoft and Alphabet earnings loomJamie Chisholm is a markets reporter based in London.
Source: MarketWatch - 🏆 3. / 97 Read more »

Microsoft, Alphabet earnings, Bitcoin, PMI data - what's moving marketsMicrosoft, Alphabet earnings, Bitcoin, PMI data - what's moving markets
Source: Investingcom - 🏆 450. / 53 Read more »