Google Stock Leaps As Q2 Ad Revenues Defy Gloom, Dollar Headwinds
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The Street
The Street
By Martin Baccardax A cautious ad sales outlook, alongside modestly firmer second quarter revenues, has Google stock leading pre-market gainers Wednesday. Alphabet (GOOGL) – Get Alphabet Inc. Report shares firmly in pre-market trading after the search and ad sales giant posted modestly softer-than-expected second quarter revenues, defying concerns of the ad-spending meltdown forecast last week by messaging app maker Snap Inc. (SNAP) – Get Snap Inc. Class A Report. Group revenues rose 13% from last year to $69.69 billion, narrowly missing Street forecasts, as ad sales rose 11.6% to $56.29 billi…