Thursday, 30 July 2020
Google's Alphabet Q2 Revenues Down 2% (First Revenue Decline In History)
Q2 revenue was $38.3bn, a 2% decline, from a reduction in ad spending, but higher than Wall Street estimates. YouTube ad sales, however, grew nearly 6%. Net income was around $7bn. CFO Ruth Porat cited a "difficult global economic environment". Google Cloud revenue has grown 43% from the previous year to more than $3bn.
Tuesday, 14 July 2020
Goldman Sachs Announces 2Q20 Results
54% of revenues came from Global Markets, with 10% more in FICC than Equities.
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