Alphabet Inc - Donnecommebernard

Amazon's advertising business grew 19% in the third quarter

October 31, 2024 | angela | Leave a Comment

Dominika Zarzycka | Photo only | Getty Images Amazon's Its online advertising business posted third-quarter revenue of $14.3 billion, up 19% year over year, in line with analyst estimates of $14.3 billion. The Seattle tech giant announced the financial results of its growing advertising unit on Thursday as part of its latest earnings report. Amazon's […]

Amazon (AMZN) Q3 2024 Earnings Report

October 31, 2024 | angela | Leave a Comment

Amazon will report third-quarter results after the market closes on Thursday. Here's what analysts expect: Earnings: LSEG expects $1.14 per share Revenue: LSEG expects $157.2 billion Amazon Web Services: According to StreetAccount, $27.5 billion Advertising: According to StreetAccount, $14.3 billion The company warned in its most recent earnings report that third-quarter sales could take a […]

Stock market today: live updates

October 31, 2024 | angela | Leave a Comment

Traders react after the closing bell on the floor of the New York Stock Exchange on March 20, 2024. Brendan Mcdermid | Reuters Stocks fell on Thursday as Wall Street digested discouraging quarterly reports from megacap technology companies and awaited further results. The S&P 500 fell 1.1%, while the Nasdaq Composite lost 1.7%. Both indexes […]

Q3 2024 Meta Earnings Report

October 30, 2024 | angela | Leave a Comment

Meta CEO Mark Zuckerberg testifies during the Senate Judiciary Committee hearing titled “Big Tech and the Online Child Sexual Exploitation Crisis” on Wednesday, January 31, 2024, in the Dirksen Building. Tom Williams | CQ Roll Call, Inc. | Getty Images Meta reported weaker-than-expected user numbers and warned of a significant acceleration in its infrastructure spending […]

Microsoft (MSFT) Q1 2025 Earnings Report

October 30, 2024 | angela | Leave a Comment

Microsoft CEO Satya Nadella attends the Partnership for Global Infrastructure and Investment event during the G7 Summit at Borgo Egnazia Resort in Savelletri, Italy on June 13, 2024. Almond Ngan | AFP | Getty Images Microsoft reported an increase in profit and revenue for its fiscal first quarter as the company's Azure cloud infrastructure business […]

Alphabet outperforms in both revenue and profit, boosted by cloud sales

October 29, 2024 | angela | Leave a Comment

Google CEO Sundar Pichai speaks with Emily Chang during the APEC CEO Summit at Moscone Center West in San Francisco on November 16, 2023. Justin Sullivan | Getty Images News | Getty Images Google parent alphabet reported a third-quarter profit that beat both sales and profits. The company's shares rose 3% on the results. Here […]

Stock market today: live updates

October 29, 2024 | angela | Leave a Comment

Traders work on the floor of the New York Stock Exchange during morning trading in New York City. Michael M. Santiago | Getty Images The S&P 500 was flat on Tuesday as investors prepared for key corporate earnings releases, including reports from big-name technology companies. The broad market index hovered just above the flatline during […]

Amazon is betting on nuclear power and investing more than $500 million in the development of small modular reactors

October 18, 2024 | angela | Leave a Comment

Amazon is betting on nuclear power and investing more than 0 million in the development of small modular reactors

Amazon Web Services is investing more than $500 million in nuclear energy, announcing three projects from Virginia to Washington state. AWS, AmazonThe cloud computing subsidiary has a huge and increasing need for clean energy as it expands its services to include generative AI. It's also part of Amazon's path to net-zero carbon emissions. AWS announced […]

Google CEO names new head of search and advertising and appoints predecessor as CTO

October 17, 2024 | angela | Leave a Comment

Prabhakar Raghavan, senior vice president at Google, speaks during the winter meeting of the U.S. Conference of Mayors on Wednesday, January 17, 2024 in Washington, DC, USA. Yulia Nikhinson | Bloomberg | Getty Images Google replaces Prabhakar Raghavan, the company's search and advertising chief, with long-time Google executive Nick Fox. The move was announced by […]

Ridesharing giants Uber and Lyft are stepping in after Tesla's “toothless taxi” fails to excite investors

October 11, 2024 | angela | Leave a Comment

The Uber logo is seen in the rain in Krakow, Poland on January 6, 2024. Klaudia Radecka | Photo only | Getty Images TeslaThe hyped robotaxi reveal posed a threat AboveThe company's ride-sharing ambitions have instead turned into a boon for the stock. Uber shares had fallen on Thursday's initial enthusiasm ahead of the event […]