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
Read More »Russia’s Yandex after full control of taxi business as ride-hailing bounces back
MOSCOW (Reuters) – Russian internet giant Yandex (YNDX.O) is interested in taking full control of its Yandex.Taxi ride-hailing service, a joint venture with Uber (UBER.N) which returned to pre-pandemic growth levels in June. FILE PHOTO: The logo of Russian internet group Yandex is pictured at the company’s headquarter in Moscow, Russia October 4, 2018. REUTERS/Shamil Zhumatov/File Photo Yandex is talking to Uber about increasing its majority stake in Yandex.Taxi, Chief Operating Officer and… Source link
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