After flooding big earnings on Thursday afternoon, Alphabet Inc. googl
was the only one of the four big companies to report a decline in trading results on Friday morning as investors reacted to the historic downturn for Google. Shares of Alphabet Class A opened at $ 1,497.05, down 2.7% from Thursday’s close, and fell below the first half hour of trading, down 5.5%. In a second-quarter earnings report, Alphabet reported that Google’s advertising revenue fell for the first time in a year, a historic drop during the COVID-19 pandemic that led many advertisers to cut their marketing budgets. However, Alphabet reported monthly revenue of nearly $ 7 billion in revenue, which exceeded $ 31
increased by 0.5%.