Alphabet soars after crushing earnings and announcing a $25 billion buyback

Shares of Google surged more than 8% after the Alphabet-owned company surpassed analyst estimates and announced a $25 billion share buyback program. Analysts were particularly worried the tech behemoth's ad business would continue to decline, but Google reported 19% ad revenue growth, blowing past the 15% estimate. Watch Google trade live here. Google shares rose about 8% in post-market trading after blowing past analyst expectations and announcing a $25 billion share buyback.

Shares of Google surged more than 8% after the Alphabet-owned company surpassed analyst estimates and announced a $25 billion share buyback program. Analysts were particularly worried the tech behemoth's ad business would continue to decline, but Google reported 19% ad revenue growth, blowing past the 15% estimate. Watch Google trade live here. Google shares rose about 8% in post-market trading after blowing past analyst expectations and announcing a $25 billion share buyback.

Ahhhhh. And there it is. Buybacks. Want to grown your company? Do buybacks....said no one ever!

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Camping Business Hipcamp Raises $25M In Series B FundingHipcamp, an online camping marketplace, raised $25 million in Series B funding, led by Andreessen Horowitz.
Источник: Forbes - 🏆 394. / 53 Прочитайте больше »

Google Posts Strong Earnings as Threats MountGoogle’s parent bounced back from a rare stumble, posting strong earnings as an impending antitrust investigation threatens to choke the search giant’s online-advertising spigot. American corporations operate like predators...using people to make money for 'shareholders'! One of these animals can come in and buy a company...fire the very people who built the company..sell it and then give the profits to who? Shareholders!
Источник: WSJ - 🏆 98. / 63 Прочитайте больше »

Intel stock soars 5% after announcing the $1 billion sale of its smartphone modem business to Apple and reporting numbers that crushed Wall Street estimatesIntel is flying high after announcing a big $1 billion deal with Apple that will see it finally get out of the smartphone component business. CNBC Cash is like 'Size' its not how b..much U have, it's what U do w/it that counts! 😉 Surprised it jumped more than 2%, a 5% spike seems a lil... premature.😬 Let's see what intel does with it 1st & then decide to move on the signs. 😎 ToungeAndCheek investing SexSells
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »