Tag Archives: Alphabet

Google parent Alphabet Inc. GOOG 1.61% said on Feb. 1 that it will enact a 20-for-1 stock split, giving shareholders 19 more shares for every one they own.  Stock splits had fallen out of favor over the last two decades. But since the pandemic Apple Inc., Tesla Inc. and now Alphabet have revived the practice in an effort to make their shares more affordable for individual… Source link

Google parent company Alphabet hit a new record for annual revenue in 2021, showing no ill effects from the lingering coronavirus pandemic or ongoing issues with the global supply chain. For full-year 2021, the company saw a 41 percent year-over-year jump in revenue to $257 billion. The company reported revenue of $75.3 billion in the fourth quarter of 2021, up 32 percent from the year earlier. “Q4 saw ongoing strong growth in our advertising business, which helped millions of… Source link

The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. REUTERS/Andrew Kelly/File Photo Register now for FREE unlimited access to Reuters.com Register Feb 1 (Reuters) – Alphabet Inc (GOOGL.O) and its Google unit on Tuesday reported higher than expected fourth-quarter sales as the search giant’s internet advertising, cloud computing and hardware businesses benefited over the holiday season from the growing surge in online shopping.

Larry Page (L) and Sergey Brin (R), the co-founders of Google, at a press event where Google and T-Mobile announced the first Android powered cellphone, the T-Mobile G1. (Photo by James Leynse/Corbis via Getty Images) James Leynse | Corbis Historical | Getty Images Google parent Alphabet announced plans for a 20-for-1 stock split on Tuesday as part of the technology company’s quarterly earnings statement. Alphabet stock was up more than 7% following the news. The move comes a year and a half… Source link

Expectations are running high for Google parent company Alphabet Inc. (GOOG, GOOGL) as it prepares to release its earnings results for the fiscal fourth quarter. The company has had an exceptional year, having benefited from greater online activity during the COVID-19 pandemic. However, there are signs that growth is slowing while inflation persists across the economy and market as a whole. Analysts forecast that Alphabet will announce $27.14 in earnings per share to accompany $72.1… Source link

Google parent Alphabet (GOOG, GOOGL) will report its Q4 earnings after the closing bell on Tuesday. The search giant will likely face fewer headwinds in the online advertising space than social media platforms like Facebook (FB) and Snapchat (SNAP), which have been slammed by changes to Apple’s (AAPL) iOS privacy settings. Here’s what Wall Street is expecting of the company in the quarter, as compiled by Bloomberg, compared to its performance in the same quarter last year. Revenue ex-TAC… Source link

Sidewalk Labs CEO Dan Doctoroff speaks during a press conference where Alphabet announced it will develop an area of Toronto’s waterfront on October 17, 2017. Mark Blinch | Reuters Alphabet is folding its smart city projects, known as Sidewalk Labs, into Google, as the company aims to bolster its climate sustainability efforts and consolidate businesses that aren’t making money. In a Medium post on Thursday, Sidewalk’s Founder and CEO Dan Doctoroff announced the changes. Doctoroff also said… Source link

What does Google’s parent company Alphabet want with robots? Well, it would like them to clean up around the office, for a start. The company announced today that its Everyday Robots Project — a team within its experimental X labs dedicated to creating “a general-purpose learning robot” — has moved some of its prototype machines out of the lab and into Google’s Bay Area campuses to carry out some light custodial tasks. “We are now operating a fleet of more than 100 robot… Source link

Check out what’s clicking on FoxBusiness.com. 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. GET FOX BUSINESS ON THE GO BY CLICKING HERE Analysts polled by FactSet expected earnings of $23.73 per share on revenue of $63.53 billion. Shares… Source link

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