Google’s parent company Alphabet Inc. met street expectations on Thursday despite a drop in advertising that hurt the company for the second consecutive quarter. The company Herzegovina, + 0.97% GOOG, + 0.62% reported net income of $ 6.96 billion, or $ 10.13 per share, compared to net income of $ …
Read More »Alphabet Second Quarter Results Show Ad Spending Still Routine
Google’s parent company Alphabet Inc. met street expectations on Thursday despite a drop in advertising that hurt the company for the second consecutive quarter. The company Herzegovina, + 0.97% GOOG, + 0.62% reported net income of $ 6.96 billion, or $ 10.13 per share, compared to net income of $ …
Read More »Electric vehicles are still hot. Li Auto Jumps on the first day of trading.
Text size LI Auto via Weibo Chinese electric vehicle startup Li Auto set the price for its initial public offering on Wednesday night. The shares opened for trading on Thursday, and were up a lot. Confirm at least one thing: electric vehicle stocks are still hot. Li Auto (ticker: LI) …
Read More »Qualcomm shares top $ 100 as Huawei deal clears last barrier to 5G license
Qualcomm Inc.’s share price surpassed its previous high of $ 100 set two decades ago on Thursday after the chipmaker revealed that it resolved a license dispute with the world’s largest smartphone maker, clearing the way for as the new 5G standard is implemented. Qualcomm QCOM, + 15.46% The shares …
Read More »European stocks and Dow futures are trading lower amid earnings deluge and worries about slow recovery
Shell Oil Refinery at Pulau Bukom off Singapore on July 16, 2020. Roslan Rahman / Agence France-Presse / Getty Images European stocks traded lower on Thursday on the busiest day of the second-quarter earnings season, with growing concerns about a slow economic recovery and a possible second wave of the …
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