- Google is set to report its second-quarter earnings on Thursday. It’s the company’s first quarter to take place entirely within the pandemic.
- Analysts are expecting a revenue decline, but there could be signs of recovery for Google’s advertising business.
- All eyes will be on YouTube and Cloud as possible bright spots. Analysts are also interested to see if Google mentions plans for its costly moonshot projects.
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It’s a busy week for Alphabet CEO Sundar Pichai.
He is testifying before Congress as part of Wednesday’s antitrust hearing, and on Thursday he’ll announce the company’s second-quarter earnings — and reveal just how much damage the pandemic has done to Google’s business.
Google managed to sail through the first quarter for the most part with ease, but its revenue took a big blow in the final few weeks of March, offering a preview of what might