Alphabet shares jump after company breaks out of its brief slump

  • 📰 CNN
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 95%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

Google parent Alphabet reported $38.9B in revenue for the three months ending in June, above Wall Street's $38.2B projection. That number was up 19% from the same quarter a year earlier. Its stock jumped several percentage points in after-hours trading.

New York Any worries about slowing growth at Google parent Alphabet may have been premature, judging from its earnings for the last quarter. The company's stock jumped more than 7% in after-hours trading Thursday after Alphabet announced the results.

Alphabet reported $38.9 billion in revenue for the three months ending in June, above Wall Street's $38.2 billion projection. That number was up 19% from the same quarter a year earlier. The company also authorized a new $25 billion share buyback.Google expected to pay multimillion dollar penalty to settle investigation into how YouTube handles kids' dataAlphabet's previous quarter disappointed, as revenue increased by 17% from the prior year, missing Wall Street estimates.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 4. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

A techVAT on their ads and searches, Twitter ads, Facebook ads, and robotics sales would help pay for AndrewYang's 'trickle-up' economy, the FreedomDividend of $1,000 a month to every American Citizen

re: Google and the use of copyrighted content as machine learning training data to create for-profit AI products and patented processes without knowledge, consent, credit or compensation of copyrighted content creators. FairUse exemption? unlikely

Aren't they still under investigation

Censorship and manipulation are apparently very profitable.

Few companies controlling the world

That wealth should be ours.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Recovering From Earlier Slump, Alphabet Posts Strong Q2 EarningsInvestors in Google’s parent company Alphabet can stop holding their breath: The company posted stronger-than-expected Q2 2019 earnings Thursday, revealing a net income of nearly $10 billion …
Bron: Variety - 🏆 108. / 63 Lees verder »

Facebook shares jump after earnings beatFacebook shares rose in after-hours trading after the social media company reported quarterly results that exceeded analyst expectations. Zuckerweisel is going to get harassed going forward. He’s been caught lying so much he’s got no credibility left. Where does that money go? Now that’s a plot twist
Bron: CNBC - 🏆 12. / 72 Lees verder »