Alphabet Inc
Amazon’s advertising business grew 18% in the fourth quarter
An Amazon warehouse and distribution centre in an industrial park in Montreal, Quebec, Canada, on Thursday, Sept. 1, 2022. Graham Hughes | Bloomberg | Getty Images Amazon’s online advertising business logged $17.29 billion in the fourth quarter, up 18% from a year ago. Analysts polled by StreetAccount were expecting Amazon to report ad revenue of […]
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Amazon issues disappointing revenue forecast, points to weakest growth on record
Amazon CEO Andy Jassy speaks at the Bloomberg Technology Summit in San Francisco on June 8, 2022. David Paul Morris | Bloomberg | Getty Images Amazon reported better-than-expected earnings and revenue for the fourth quarter, but it gave disappointing guidance for the current period. The stock slipped in extended trading. Here are the numbers: Earnings: […]
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Stocks making the biggest moves midday: Roblox, Peloton, Ralph Lauren, Yum Brands and more
Check out the companies making headlines in midday trading: Altus Power — The commercial solar power provider soared as much as 28% after agreeing to a $5 per share buyout from a unit of TPG that valued Altus at $2.2 billion, including debt. The deal is expected to close in the second quarter. Ford — […]
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Alphabet’s postearnings drop could be the beginning of a downtrend, charts show
What a difference a day makes when it comes to companies reporting earnings. Earlier this week, shares of Alphabet were hitting yet another new all-time high, suggesting a renewed leadership role for this leading growth name. But after a disappointing earnings release on Tuesday, the stock gapped lower to bring the uptrend phase into question. […]
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CNBC Daily Open: Consecutive stock gains signal calm, but heed Fed officials
The seal of the U.S. Federal Reserve Board of Governors near the Marriner S. Eccles Federal Reserve building in Washington, D.C., U.S., on Sunday, Jan. 12, 2025. Samuel Corum | Bloomberg | Getty Images If investors were to judge the stability of the economy by looking at the stock market, its two-day winning streak might […]
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CNBC Daily Open: Back-to-back gains in stocks signal calm, but listen to Fed officials
The Marriner S. Eccles Federal Reserve building in Washington, DC, U.S., on Sunday, Jan. 12, 2025. Samuel Corum | Bloomberg | Getty Images If investors were to judge the stability of the economy by looking at the stock market, its two-day winning streak might lead investors to think that it’s business as usual. The market’s […]
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Google scraps diversity ‘aspirations,’ citing role as federal contractor
Google CEO Sundar Pichai speaks with Emily Chang during the APEC CEO Summit at Moscone Center West in San Francisco on Nov. 16, 2023. Justin Sullivan | Getty Images News | Getty Images Google is scrapping its diversity goals, becoming the latest tech giant to alter its approach to hiring and promotions following the election […]
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Salesforce picks board member Robin Washington to be its next finance and operating leader
Robin Washington speaks on stage during the 2019 Watermark Conference for Women Silicon Valley at San Jose McEnery Convention Center in San Jose, California, on Feb. 22, 2019. Marla Aufmuth | Wireimage | Getty Images Salesforce on Wednesday said former Gilead Sciences finance chief Robin Washington will join the software maker to become president and […]
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Stocks making the biggest moves midday: Alphabet, Apple, Uber, Nvidia and more
Check out the companies making headlines in midday trading. Alphabet — Shares sank nearly 8% after the Google parent reported fourth-quarter revenue of $96.47 billion, short of the $96.56 billion expected from analysts polled by LSEG. Alphabet also said it will invest $75 billion in 2025 as it expands its artificial-intelligence strategy, versus the $58.84 […]
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Google opens its most powerful AI models to everyone, the next stage in its virtual agent push
Jaque Silva | SOPA Images | Lightrocket | Getty Images Google on Wednesday released Gemini 2.0 — its “most capable” artificial intelligence model suite yet — to everyone. In December, the company gave access to developers and trusted testers, as well as wrapping some features into Google products, but this is a “general release,” according to Google. […]
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