Google to report earnings amid justice department lawsuits and Trump tariffs

Google's parent company Alphabet will report its first quarter earnings on Thursday, which come as the tech giant is embroiled in antitrust lawsuits brought by the US government and a 17% drop in its stock price since the beginning of the year. It is also the company's first earnings report since Donald Trump levied tariffs on trade partners around the world. Despite the upheaval, analysts appear optimistic on Alphabet's outlook projecting first quarter revenue of 89.2bn, up 11% since the same time last year, and earnings of 2.01 per share, up 7%, according to consensus estimates. Analysts do not expect the global tariffs to create much of an impact for Alphabet, since they were mostly instituted after the end of the quarter. Alphabet is one of the world's most valuable companies, worth nearly 2trn.