Alphabet’s experimental investments in the future continue to cost it a fortune
The Verge ---------- Google parent company Alphabet posted second quarter earnings for 2018 on Monday, beating Wall Street estimates on revenue and income. Despite the historic $5 billion fine levied against it by the European Union last week, which impacted Google’s operating income, Alphabet stock is actually up around 3.5 percent in after-hours trading. That bolsters the likelihood that the EU fine may be nothing more than a pricey slap on the wrist in the long-run — so long as the fine, which Google is appealing, doesn’t have a substantial impact on Google’s advertising machine. To learn more click on the picture below to read the article.