The news: Google’s parent company Alphabet fell short of investor’s expectations in its Q3 earnings. Alphabet’s growth has decelerated for five consecutive quarters, with revenues coming in at $57.5 billion, short of the anticipated $58.3 billion. The company’s shares have fallen 28% this year compared with the S&P 500’s 23% drop. Combined with Microsoft’s earnings report, showing the slowest growth in five years, the tech giants’ performance pulled the stock market down. As of… Source link
Read More »Google’s New Medical Imaging Suite Will Enable A Bright Future Ahead For Healthcare
Earlier this month, Google Cloud announced its latest venture within the realm of healthcare: a new Medical Imaging Suite. This initiative builds on years of hard work by the Google Cloud team, aimed at creating a universally friendly, efficient, and value-providing platform, with an ode to interoperability and accessibility. The applications behind the platform are multi-fold: Imaging Storage: the Suite will enable a more comprehensive way to store and access advanced medical imaging … Source link
Read More »Company’s ‘future is really bright’ in Austin
For Google’s Nuha Elkhiamy, it’s exciting to see the company’s Austin operations grow into one of Google’s largest hubs. Elkhiamy, who was recently named the site lead for Google’s Austin hub, said Google has received a warm welcome since debuting operations in the city 14 years ago. She said she wants to ensure Google maintains “responsible growth” as it continues to expand in Central Texas. “At a personal level, it’s a place I call home and in my role in Google I committed to… Source link
Read More »Economic outlook still bright, but watching ‘upside risks’ in inflation
TipRanks Buy These 2 New Stocks Before They Jump Over 80%, Says JPMorgan In the past week, investors have had to cope with multiple conflicting signals from the markets. The April jobs report, which was expected to show almost 1 million new positions for the month, showed only 266,000. The official unemployment number ticked upward slightly to 6.1%, and hourly wages also gained – by 0.7%. That last would seem to be a positive – except that, combined with the massive government stimulus… Source link
Read More »Google’s earnings expected to be bright despite dark antitrust clouds
When Google parent Alphabet Inc. reports first-quarter earnings on Tuesday, the bottom-line should be stout with advertising sales. The same can’t be said for its prospects on the regulatory front. Alphabet GOOGL, +2.10% GOOG, +2.09% is expected to show revenue growth of roughly 25% from last year, when the COVID-19 pandemic caused some companies to immediately cut off their advertising budgets to preserve cash. The company’s sales… Source link
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