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5 things to know before the stock market opens Wednesday
Business

5 things to know before the stock market opens Wednesday

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street to open higher after Nasdaq’s nearly 4% plunge Traders work on the floor of the New York Stock Exchange.  NYSE U.S. stock futures bounced Wednesday, getting a boost from Dow stock Microsoft’s more than 5% […]

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Wall Street analysts are still bullish on Alphabet despite disappointing quarter and YouTube struggles
Technology

Wall Street analysts are still bullish on Alphabet despite disappointing quarter and YouTube struggles

Alphabet missed estimates for the first quarter, with YouTube revenue a weak spot. But Wall Street analysts reiterated their positive ratings on the stock. Source

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Alphabet CFO warns of another potentially weak quarter
Technology

Alphabet CFO warns of another potentially weak quarter

Alphabet executives on their Q1 earnings conference call warned Q2 will show more deceleration. Source

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YouTube’s huge miss shows digital media ad market is getting hit hard
Technology

YouTube’s huge miss shows digital media ad market is getting hit hard

Silhouettes of laptop and mobile device users are seen next to a screen projection of the YouTube logo. Dado Ruvic | Reuters During the pandemic, YouTube was one of Alphabet’s prime growth engines as more people were glued to their screens while stuck at home. The video site continued its rapid expansion last year as […]

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Stocks making the biggest moves after hours: Alphabet, Robinhood, Meta and more
Finance

Stocks making the biggest moves after hours: Alphabet, Robinhood, Meta and more

The logo of Alphabet Inc’s Google outside the company’s office in Beijing, China, August 8, 2018. Thomas Peter | Reuters Check out the companies making headlines after the bell. Alphabet — Shares tumbled more than 6% in extended trading after Google’s parent company reported an earnings miss. The firm reported earnings of $24.62 per share […]

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Alphabet announces  billion buyback
Technology

Alphabet announces $70 billion buyback

CEO of Alphabet and Google Sundar Pichai during press conference at the Chancellery in Warsaw, Poland on March 29, 2022. Mateusz Wlodarczyk | Nurphoto | Getty Images Alphabet said on Tuesday that its board of directors authorized $70 billion in share repurchases, a major step up from last year’s authorization of $50 billion and authorization […]

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Microsoft earnings beat across the board
Technology

Microsoft earnings beat across the board

Microsoft CEO Satya Nadella speaking at the DLD (Digital-Life-Design) conference in Munich, Germany, on Jan. 16, 2017. Tobias Hase | dpa | picture alliance | Getty Images Microsoft shares were flat in extended trading on Tuesday after the software maker issued fiscal third-quarter earnings that exceeded analysts’ expectations. Here’s how the company did: Earnings: $2.22 […]

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Alphabet reports miss on earnings and revenue
World

Alphabet reports miss on earnings and revenue

Alphabet CEO Sundar Pichai gestures while speaking during a discussion on artificial intelligence at the Bruegel European economic think tank in Brussels, Belgium, on Jan. 20, 2020. Geert Vanden Wijngaert | Bloomberg | Getty Images Alphabet reported first quarter earnings after the bell. Here are the results: Earnings per share (EPS): $24.62 per share, vs. […]

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Tesla stock falls more than 10% after Musk’s Twitter deal
Technology

Tesla stock falls more than 10% after Musk’s Twitter deal

A Tesla store is seen in Shanghai, China, Feb 1, 2022. Costfoto | Future Publishing | Getty Images Tesla stock was down more than 10% in the morning as the tech-heavy Nasdaq Composite slipped about 3.2%. Other mega-cap tech stocks like Apple, Amazon, Google and Facebook parent Meta were also down between 2% and 4%. […]

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Musk’s Twitter takeover may boost Facebook, Google and Snap ad revenues
Technology

Musk’s Twitter takeover may boost Facebook, Google and Snap ad revenues

The logos of Google, Facebook, Instagram, Twitter, Snapchat and TikTok displayed on a computer screen. Denis Charlet | AFP via Getty Images Elon Musk’s private takeover of Twitter may boost ad revenue for YouTube, Snap, Meta and TikTok, analysts from several Wall Street firms said in recent notes to investors. Twitter, which announced it accepted […]

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