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Tag: Alphabet

Search engine giant reports record profit and revenue on $66 billion in advertising revenue

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Search engine giant reports record profit and revenue on billion in advertising revenue

Topline Google parent Alphabet beat Wall Street expectations in its third-quarter earnings report on Tuesday, the first domino to fall in a crowded week for big tech company earnings. Google's New York office. Getty Images Important facts Alphabet reported revenue of $88.3 billion, including $65.9 billion in its primary Google advertising business, compared with average […]

Trump Media Stocks and Bitcoin Signal an Election Victory for Donald Trump: Strategist

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Trump Media Stocks and Bitcoin Signal an Election Victory for Donald Trump: Strategist

Eric Beiley, Executive Managing Director of the Beiley Group at Steward Partners, spoke with Quartz for the latest installment of our Smart Investing video series. Watch the interview above and check out the transcript below. The transcript of this conversation has been lightly edited for length and clarity. ANDY MILLS (AM): It could be a […]

AI updates in focus amid Big Tech's buying frenzy

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AI updates in focus amid Big Tech's buying frenzy

Alphabet (GOOG, GOOGL) is expected to report quarterly results after the bell on Tuesday, ushering in a week of big gains for U.S. tech giants after a shaky run on Wall Street. The company is expected to provide updates on its efforts to turn massive AI investments into new revenue streams and its position in […]

Tesla stock plunges after Elon Musk's robotaxi event disappoints

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Tesla stock plunges after Elon Musk's robotaxi event disappoints

Investors hoped Tesla's long-awaited robotaxi demonstration would deliver on substance as well as style. On Thursday, Elon Musk showed off real vehicles and humanoid robots walking among guests — not just a dancer in a robot bodysuit, like at the company's “AI Day” three years ago — but many analysts remained unimpressed. At a glitzy […]