Google sends ‘happy message’ to investors ahead of earnings

Ahead of Q2 earnings call on October 29, Google investor and Deepwater Asset Management’s Gene Munster says that the company has a loud and clear message – Search is doing fine. In an investor note shared on X recently, Munster highlighted remarks by Liz Reid, head of Google Search. Speaking at Wall Street Journal’s ‘Bold Names’ podcast recently, Reid reiterated how well AI Overviews is doing to increase engagement. “Any comments a company makes just before reporting earnings should be overweighted,” Munster wrote in the note adding “Liz Reid’s message two weeks before earnings was that AI is having a positive impact on Search.”

What the investor note says