Google parent company’s Q2 earnings posts over $61 billion in revenue

Google’s parent company Alphabet posted its earnings report for the quarter ending in June on Tuesday. The company surpassed expectations from Wall Street of $56.23 billion revenue and reached $61.88 billion for its fiscal Q2 of 2021. This accounts for a 62% increase compared to the same quarter in 2020. In particular, Google ad revenues have increased by 69% YoY. In Q2, there was a rising tide of online activity in many parts of the world, and we’re proud that our services helped so many consumers and businesses. Our long-term investments in AI and Google Cloud are helping us drive...