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
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 dudas. Google has 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. They are still extremely dominant. I think we are seeing a new very compelling option with facebook. Certainly the overall tailwinds to the mobile advertising space is growing rapidly. Google continues to expand. They dont have the monopolistictype position that they did in desktop search, but they are still a very powerful force. Emily this is ruths first time on the c
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 dudas. Google has 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. They are still extremely dominant. I think we are seeing a new very compelling option with facebook. Certainly the overall tailwinds to the mobile advertising space is growing rapidly. Google continues to expand. They dont have the monopolistictype position that they did in desktop search, but they are still a very powerful force. Emily this is ruths first time on the c
Stronger. Now the question is, are we in a crypto currency bubble . When could it pop . First, our lead. It is a redefining moment for the samsung note line as the south Korean Company unveiled the samsung note 8. It is their largest phone yet and could be its most important. After last years exploding battery fiasco, consumers could be hesitant to pick up their new phone, however, samsung is confident that the problems are fixed. It wants to move forward with its best mobile device yet. Our bloomberg representative has the story. I am in midtown manhattan for the unveiling of the samsung note 8. The stakes are very high, since it is the latest version since the galaxy note 7 was recalled after reports of catching on fire and exploding. Lets take a look at it. The note has always been samsungs biggest phone. One with the screen so large, it has been compared to a tablet. Now, the screen is getting even bigger, measuring at 6. 3 inches, to be exact. The note 8 has an improved camera wit
Taking a look at how european equities are trading right now at 30 minutes before the end of the wednesday session. We are seeing a rise in four months year. For now, we have on yield rising along with commodities. We have bond yields rising along with commodities. The euro temporarily rose above one dollar 20 against the dollar. It makes a question of if the odds of intervention from mario draghi increases next week. The ecb may make some references which couldnge effect, lesson, or hold for the next few months the pace of appreciation. A meaningful reversal seems unlikely. The ubs says that buying euro at this level should be a profitable investment over the next one or two years. Over the next one or two months, it might be difficult to chase the currency higher given that the ecb is targeting inflation. Euro pushes down on inflation which is still well below the ecbs target of 2 . The data points of interest today in the u. K. Were Consumer Credit cooling slightly in july amidst co