Google's Parent Company Generates $29 Billion in Cash in Q2

The Google owner generated nearly US$29 billion in cash in the second quarter after cutting thousands of jobs and efforts to stanch losses in its various moonshot projects. That left Alphabet with cash and short-term marketable securities of about US$118 billion, more than any other company in the Nasdaq 100 Stock Index aside fromThis advertisement has not loaded yet, but your article continues below.Subscribe now to read the latest news in your city and across Canada.

Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account. National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Subscribe now to read the latest news in your city and across Canada.Daily content from Financial Times, the world's leading global business publication.

Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account. National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Create an account or sign in to continue with your reading experience.Share your thoughts and join the conversation in the comments.Don't have an account?

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Google's Parent Company Generates $29 Billion in Cash in Q2Alphabet, the parent company of Google, generated nearly $29 billion in cash in the second quarter after cutting jobs and reducing losses in its moonshot projects. With cash and short-term marketable securities of about $118 billion, Alphabet has the second-highest cash reserves in the Nasdaq 100 Stock Index.
Fonte: fpinvesting - 🏆 43. / 63 Consulte Mais informação »