Google reported revenues of $5.52 billion for the quarter ended June 30, 2009. This is 3% more than Q2 2008 and also exceeded general expectations of $4.06 billion.
The wall street general expectation of $4.06 billion sent the stock on a rally just over 10% this week starting at $409 and finishing at $442.
Is this a market sign that digital advertising spending is showing solid growth again?
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