Alphabet, the parent company of Google and YouTube, saw its stock drop by more than 7% on Tuesday. This was a result of a worse-than-expected fourth-quarter earnings report that missed revenue and included massive spending on artificial intelligence.
Alphabet reported $2.15 in earnings per share...
The shares of Google parent Alphabet soared in after-market trading on Tuesday after the tech giant reported stronger-than-expected earnings. The company benefited from sturdy results in all departments, particularly the cloud division.
Alphabet’s earnings per share came at $2.12 compared to $1.55 per share in...
Google parent company Alphabet Inc. reported strong second-quarter earnings on Wednesday, beating analysts' estimates at large. The company's $84.7 billion revenue topped forecasts of $84.3 billion, while earnings per share for Q2 was $1.85, exceeding Wall Street estimates of $1.85 per share.
Data from...
Stocks declined on Wednesday after Microsoft and Google's parent company Alphabet released mixed earnings results. The S&P 500 slipped by 0.6% and the tech-heavy Nasdaq Composite declined by over 1%. The Dow Jones Industrial Average, in contrast, gained 0.2%. Following the latest corporate earnings,...
Google’s parent company Alphabet reported its first-quarter earnings on Tuesday, delivering results that topped analysts’ expectations. The company previously failed to beat estimates for four straight quarters.
Alphabet’s revenue in Q1 came at $69.79 billion, a 3% increase from the year prior, compared to the...
Stocks in Google's parent company Alphabet Inc. fell by 4.5% in premarket trading on Monday, marking its largest single-day decline in over two months. This comes after reports that Samsung may decide to replace Google with Bing as the default search engine on its...