Tag GOOGL
In Q1, the Google parent's core advertising business experienced a year-over-year revenue decline -- albeit a tiny one -- for the second consecutive quarter...
Continue ReadingBoth Microsoft and Alphabet posted positive earnings reports Tuesday...
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Meta Platforms (META) reported first quarter results after the close on Wednesday that blew away expectations. The social media company also raised its forecast for the current quarter and lowered its expense forecast. This follows results from Microsoft (MSFT) and Alphabet (GOOGL), which kicked off the busy earnings week, both tech giants also surpassing quarterly estimates. The tech sector has been on a wild ride so far this year, seeing double-digit gains for some of its biggest players. Brent Thill, Jefferies Senior Analyst saying it’s been a “clean sweep for big tech” so far, and that investors “are just way too bearish” when it comes to earnings. See the full interview here. Key Video Highlights: 00:04 - Earnings: clean sweep for big tech 00:30 - There's no 'boogeyman' to take down tech...
Continue Reading(Bloomberg) -- A group of YouTube contract staff in Texas have unanimously voted to unionize in a labor victory that could force parent company Alphabet Inc. to collectively bargain with US workers for the first time in its history.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleUK Blocks Microsoft’s $69 Billion Activision Deal Quants Are ‘Out of Ammo’ for Buying Stocks, Goldman WarnsNetflix Spain Lost 1 Million Users Last Quarter, Kantar SaysFirst Republic...
Continue ReadingGoogle stock dipped after Alphabet reported first-quarter results that topped estimates amid one-time expenses tied to cost-cutting...
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