YouTube Q2 Ad Sales Rise 4.4%, Alphabet Handily Tops Earnings Estimates

Alphabet reported $74.60 billion in revenue and net income of $18.37 billion, or $1.44 per share. For the company overall, Wall Street had pegged $72.82 billion in revenue and earnings per share of $1.34 on average, according to Refinitiv data.

Analysts had forecast YouTube ad sales coming in at $7.43 billion. YouTube and Google have faced tough year-over-year comparisons the last few quarters after notching high double-digit revenue jumps in 2021 driven by the pandemic: For the full-year 2021, YouTube ad revenue was up a whopping 46%. In its earnings reports, the internet giant breaks out YouTube ad sales; that does not include subscription revenue from YouTube TV (which

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Dow strives for 12th day of gains as Microsoft and Alphabet earnings loomU.S. stock futures rose early Tuesday as earnings season picked up pace and traders looked ahead to the Fed decision midweek.
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Stock Market Today: What to Watch Ahead of Alphabet, Microsoft EarningsStock futures were steady ahead of a slew of earnings due later from big names such as Google parent Alphabet, Microsoft and Visa. Follow the latest markets updates.
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