Revenue at Alphabet during the April-June period totaled $69.7 billion, a 13% increase from the same time last year. That would be impressive growth for most companies outside of tech.
Read More
Google’s corporate parent on Tuesday posted its slowest quarterly revenue growth since 2020, the latest sign that the huge gains enjoyed by technology companies during the pandemic are fading into the rear-view mirror. Microsoft also reported slowing growth.
Read More
Google’s ad sales grew nearly 33% year-over-year to $61.2 billion during the three months ending in December, and contributed to an overall better-than-expected quarter for its parent company, Alphabet, which also announced a 20-for-1 stock split this summer.
Read More
For some time, many investing experts have been predicting there will be a shift away from big tech towards value stocks. It might finally be happening. Here’s the latest.
Read More
A continued rebound in digital ad spending at Google drove its parent company’s profit up 68% in the third quarter. Mountain View, California-based Alphabet Inc. said Tuesday that it earned $18.94 billion, or $27.99 per share, in the July-September period. Revenue rose 41% to $65.12 billion. Analysts polled by...
Read More
Sundar Pichai, CEO of Google and Alphabet, explains in a blog post why the company is adding thousands of jobs and investing billions of dollars across the US – including a new engineering hub in Durham.
Read More
Google’s digital advertising empire is regaining the momentum it lost during the pandemic’s early stages as its YouTube video service matures into a major marketing magnet and companies anticipate more spending by cooped-up consumers when the economy reopens. However, its highly touted cloud service continues to lose billions.
Read More
Saying “We’d had enough,” a group of workers at Google and its Alphabet corporate parent have formed a union.
Read More
The Big Tech superstocks known as FAANG aren’t just surviving the coronavirus crisis. They’re thriving. Here’s a look.
Read More
