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Transcripts For BLOOMBERG Bloomberg West 20240622

Venture, arm. Googles Second Quarter earnings topping analysts estimates. Shares are reacting to the news, surging above 8 in afterhours trading. Googles new cfo is addressing investors right now for the very first time on the earnings call, saying the company will take great care regarding resource allocation. Joining me here in the studio adam burke. He is a former google employee. Also, mike do just dudis. Google have been getting killed in mobile advertising specifically by facebook. Are these numbers more reassuring . Adam i think its a situation where the entire pie is growing. I dont know if i would classify google as getting killed. There are still extremely dominant. I think we are seeing a new very compelling option with facebook. Certainly the overall tailwinds to the mobile advertising face space is growing rapidly. Google continues to expand. They dont have the monopolistic type position that they did in desktop search, but they are still a very powerful force. Emily this

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