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460 Alphabet Stands Out in a Trio of Unimpressive Earnings

The Information
Martin Peers @ The Information 3 place · 07/25/2023 20:00 EDT

Alphabet Stands Out in a Trio of Unimpressive Earnings

Meh. June-quarter earnings out Tuesday from Alphabet, Microsoft, Snap and Spotify shouldn’t excite anyone about the state of business in tech. The digital ad market is showing what can only be called an uneven recovery, while enterprise software appears to be still struggling. Alphabet seems to have had the best quarter of the companies reporting today, with revenue growth accelerating meaningfully from the first quarter. But let’s not get too excited. That means revenue grew 7% instead of 3%. Still, that w

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