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 »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 »Stocks drop sharply, drop nearly 500 points after grim jobless claims, worst GDP reading ever recorded
US stocks traded lower on Thursday, chased by economic reports that showed the sharpest decline in GDP recorded in the second quarter and a weekly report of jobless claims suggesting that the rebound of the pandemic is losing steam. amid a further increase in COVID-19 cases. Lack of progress in …
Read More »Big Tech results move center stage after bruises
(Reuters) – Four of the big tech companies in the United States, accounting for nearly a fifth of the total value of the S&P 500, reported the results Thursday after a concussion in Congress to investigate the alleged abuse of their global dominance. . FILE PHOTO: The logos of Amazon, …
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