Earnings Season: JP Morgan, Google and GE banking on profits

Earnings Season really gets under way this week with more than 70 large multinationals reporting for Q2. Saxo s Mads Koefoed says technology giant Google is expected to show solid improvement in earnings per share (eps) compared to a year ago but a decline in revenue. Up until 2013, the company showed revenue growth of between 1520. However, since then its market share has begun to decline which Koefoed expects to continue. He says the firm needs to focus on mobile ad revenue instead of desktop. J