Presented their figures for the quarter that ended in june alphabet of the company that owns the tech giant google reported quarterly profits tripling to 9900000000. 00 the figures beat most analysts expectations and came from higher advertising spend on searches and on you tube. On 2nd quarter profits were up 3. 6 percent to 2600000000. 00 in sales jumped by 20 percent as customers flock to its one day delivery scheme. Our markets correspondent host said louise the joins us now from wall st louis so to talk heavyweights too closely watched Quarterly Results what stood out to you. A couple of things said you know its a case that not only did company b. Done revenue on earnings per share but had even lowered costs on a lead somewhere expecting this represents the pavement google makes it to Companies Like apple for example for its Search Engine it to be the default browser. Is also welcome by its investors a 25000000000. 00 buyback program. No good the reaction one day shipping costs se
before the probe is even concluded. you know i mean it also has its risks and it can grade the current investigations are politically motivated instead of having an independent motive there is a consensus though on long legislators that the reason needed to supervise big tech companies both democrats and republicans are concerned about these having too much power and too much control but that s why politicians on both sides of the aisle are doubling down on their criticism of a big tech after the department of justice. brought on to review of companies but also well known knowledge of direct attacks coming from president trump himself argues in their facebook or google of conservative bias or amazon of paying not enough taxes on the scum in the u.s. postal service. luis a harley there in new york for us thank you very much japanese carmaker