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Check your bank statements: Bogus Google charges appearing

If you haven’t checked your bank statements closely lately, you should do it now. Unauthorized Google charges are appearing on Chase Visa statements. And while there are different accounts, all charges are for the same odd amount, $13.01. Beth emailed that her account had three of those charges all saying Google. “My card has been linked to Google Chrome and Google Play,” she says. But none of those charges were authorized. Not all of the cards affected were even attached to Google accounts. And… Source link

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Nancy Pelosi keeps pouring millions into this 1 sector — it might be time to tag along

Nancy Pelosi keeps pouring millions into this 1 sector — it might be time to tag along You may not know it from watching American politics, but the country’s leaders do know a thing or two about the U.S. economy. How could they not? Not only do members of the federal government have access to an ocean of first-hand data investors would kill for, but Senators and members of the House are connected to the country’s economic movers and shakers. While prominent politicians’ portfolios… Source link

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Stock futures flat after S&P 500, Dow set record highs

Stock futures traded little changed Tuesday evening as investors eyed a slew of stronger-than-expected earnings results from closely watched technology companies. Both the Dow and S&P 500 had set record closing and intraday highs during Tuesday’s session.  Google’s parent-company Alphabet (GOOG, GOOGL) saw shares tick up in late trading after posting third-quarter revenues and earnings that topped consensus estimates, fueled by a further rise in online advertising spending especially among… Source link

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Google’s Profit and Revenue Soared in the Third Quarter

Google’s parent company, Alphabet, shrugged off any concerns about a downturn in online advertising with another quarter of blockbuster earnings, lifted by continued strong demand for ads on YouTube and steady growth at its cloud computing business. Alphabet said on Tuesday that net profit in the third quarter rose 68 percent, to $18.94 billion, while revenue jumped 41 percent, to $65.12 billion. The results topped analysts’ estimates for $16.2 billion in profit and sales of $63.5… Source link

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Google antitrust boogeyman is lurking in the wings

The company and law firm names shown above are generated automatically based on the text of the article. We are improving this feature as we continue to test and develop in beta. We welcome feedback, which you can provide using the feedback tab on the right of the page. WASHINGTON, Oct 26 (Reuters Breakingviews) – It has been easy for investors to forget about Alphabet’s (GOOGL.O) antitrust boogeyman. Google’s parent has been riding high on the economic recovery, with third-quarter… Source link

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Google earnings top estimates as online ad sales remain resilient

Google parent Alphabet Inc. reported quarterly results that exceeded Wall Street estimates Tuesday, belying fears that it would be dinged by the changes in Apple Inc.’s mobile privacy policy that stung its social-media brethren. The search-engine giant  GOOGL, +1.35% GOOG, +0.65%,  dominant in global digital advertising, reported net income of $18.94 billion, or $27.99 a share, in its fiscal third quarter, compared… Source link

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Inflation will plunge in 2022: Goldman Sachs

Hat tip to Goldman Sachs for taking a somewhat contrarian take on the longer-term outlook for inflation.  Whether it proves correct is anyone’s guess as headlines continue on price spikes for commodities and consumer goods. “We are boosting our sequential inflation assumptions for Q4 and early 2022. We now expect year-on-year core PCE inflation of 4.3% at year-end, 3.0% in June 2022, and 2.15% in December 2022 (vs. 4.25%, 2.7% and 2.0% previously). This slower resolution of supply constraints… Source link

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Alphabet beats sales estimates on Google ad surge

The brand logo of Alphabet Inc’s Google is seen outside its office in Beijing, China, August 8, 2018. Picture taken with a fisheye lens. REUTERS/Thomas Peter Oct 26 (Reuters) – Google owner Alphabet Inc (GOOGL.O) on Tuesday beat expectations for third-quarter revenue, a positive sign that its advertising business is overcoming new limits on tracking mobile users and sending its shares up slightly. Through its search engine, YouTube video service and partnerships across the Web, Google sells… Source link

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Google just had another record quarter because or in spite of everything going on

Google has done it again — raking in more money than ever before for the second quarter in a row as the COVID-19 pandemic continues on. Alphabet’s Q3 2021 earnings show an all-time record revenue of $65.1 billion and record profits for the fifth quarter in a row at $18.9 billion. As we mentioned last quarter, the growth we’re seeing in 2021 is unusually large: a huge leap over 2020. Google’s revenue in Q3 2021: $65.1 billion2020: $46.2 billion2019: $40.5 billion2018: $33.7… Source link

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