In this video, I will be going over Alphabet's (GOOGL +0.66%) (GOOG +0.41%) second-quarter earnings report and explain why the stock went up after a disappointing quarter.
I'll break down Alphabet's different revenue streams:
- Google Search and other generated $40.68 billion.
- YouTube ads generated $7.34 billion.
- Google Network generated $8.25 billion.
- Google advertising generated $56.29 billion.
- Google Services generated $62.84 billion.
- Google Cloud generated $6.28 billion.
- Overall, the company generated $69.69 billion in revenue in Q2.
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*Stock prices used were the closing prices of July 26, 2022. The video was published on July 27, 2022.
