Welcome to the Tech Mem Ride Home for Wednesday, April 29th, 2020.

I'm Brian McCullough today. The biggest Tech earning season in a while kicks off and so far it's so good for Google. Spotify says it's holding up as well.

Though Uber might lay off 20% of its workforce, Ford is delaying its self-driving road map, and that has me asking again,

why isn't this the perfect moment for self-driving tech?

Here's what you miss today in the world of tech.

Well, as discussed, this earning season is going to be more impactful than most because

it's going to tell us how tech is holding up in the current environment.

It might also tell us how things in the

overall economy are holding up, although as discussed on weekend episodes that

remains to be seen. Maybe tech is going to do just fine while the rest of the economy is in the pooper.

Who knows?

But the first signs are, tech seems to be holding up well.

Alphabet reported revenue of $41.2 billion yesterday, up 13% year over year, with net income of

6.8 billion dollars up slightly year over year.

Google Cloud revenue increased 52% to $2.7 billion,

driven by what is called significant growth in Google Cloud Platform

and quote ongoing strong growth in G Suite. The other

bets operating losses grew to 1.1 billion dollars so no change there and also note

that the head count at Alphabet grew to a hundred and twenty three thousand up twenty thousand people but again alphabet has already told us that's probably going to be on pause for a little while. So what do it all mean? Well, while

Alphabet did say that the global pandemic was responsible for a quote significant

slowdown in ad revenue, that wasn't enough to spook investors

alphabet stock opened up 9% this morning why well you can probably guess

...