Tag Archives: Alphabets

By Paresh Dave and Munsif Vengattil (Reuters) – Google parent Alphabet Inc on Tuesday topped quarterly sales expectations for its advertising and Cloud businesses, helped in part by the pandemic, and said it will resume big spending on hiring and facility construction. Alphabet shares jumped about 8% to $2,067 in extended trading. Google, which generates more revenue from internet advertising than any other company, benefited from lockdowns that drove retail and other clients online, helping… Source link

(Reuters) – Google parent Alphabet Inc on Tuesday topped quarterly sales expectations for its advertising and Cloud businesses, helped in part by the pandemic, and said it will resume big spending on hiring and facility construction. FILE PHOTO: A 3D printed Google logo is seen in this illustration taken April 12, 2020. REUTERS/Dado Ruvic/Illustration Alphabet shares jumped about 8% to $2,067 in extended trading. Google, which generates more revenue from internet advertising than any… Source link

By Paresh Dave, Munsif Vengattil (Reuters) – Google parent Alphabet Inc on Tuesday topped quarterly sales expectations for its advertising and Cloud businesses, helped in part by the pandemic, and said it will resume big spending on hiring and facility construction. FILE PHOTO: A 3D printed Google logo is seen in this illustration taken April 12, 2020. REUTERS/Dado Ruvic/Illustration Alphabet shares jumped about 8% to $2,067 in extended trading. Google, which generates more revenue from internet… Source link

By Paresh Dave, Munsif Vengattil (Reuters) – Google parent Alphabet Inc on Tuesday topped quarterly sales expectations for its advertising and Cloud businesses, helped in part by the pandemic, and said it will resume big spending on hiring and facility construction. FILE PHOTO: A 3D printed Google logo is seen in this illustration taken April 12, 2020. REUTERS/Dado Ruvic/Illustration Alphabet shares jumped about 8% to $2,067 in extended trading. Google, which generates more revenue from internet… Source link

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Shares of Google parent Alphabet Inc. GOOGL, +3.09% gained 0.8% in premarket trading, putting them on track to open in record territory, after Mizuho analyst James Lee raised his price target, citing signs that Google’s search advertising was tracking “modestly” ahead of expectations. Lee lifted his target to $1,750, which is 12% above Monday’s closing price, from $1,650, while maintaining the buy rating he’s had on the stock for at least the past three… Source link

Alphabet (NASDAQ:GOOG)(NASDAQ:GOOGL) is attempting to make nice with European regulators. On Monday, the U.S. tech giant promised that it will not leverage the fitness and health data generated by Fitbit (NYSE:FIT) to target advertising. Alphabet’s Google unit signed an agreement to buy the fitness tech company… Source link

Sundar Pichai, CEO of Google Anindito Mukherjee | Bloomberg | Getty Images Alphabet Inc’s Google on Monday said it will spend around $10 billion in India over the next five to seven years through equity investments and tie-ups, marking its biggest commitment to a key growth market. The investments will be done through a so-called digitization fund, highlighting Google’s focus on the rapid pace of growth of apps and software platforms in India, one of the world’s biggest internet services… Source link