Tag Archives: corporate

Employee protesters at Google headquarters in 2018. James Martin/CNET More than a thousand… Source link

  The market may be trading sideways at the moment as traders digest rising Treasury yields and banter around meme stocks and higher taxes, but it could come alive again soon amid looming first quarter earnings reports from corporate America. Because all indications are that a profit explosion from corporate America is poised to be on full display as earnings reporting season kicks off in mid-April. Those hearty bottom line gains would reflect companies cycling comparisons to businesses being… Source link

By Tom Wilson, Anna Irrera and Jessica DiNapoli LONDON/NEW YORK (Reuters) – When Elon Musk’s Tesla became the biggest name to reveal it had added bitcoin to its coffers last month, many pundits were swift to call a corporate rush towards the booming cryptocurrency. Yet there’s unlikely to be a concerted crypto charge any time soon, say many finance executives and accountants loath to risk balance sheets and reputations on a highly volatile and unpredictable asset that confounds… Source link

Alphabet CEO Sundar Pichai gestures during a session at the World Economic Forum (WEF) annual meeting in Davos, on January 22, 2020. (Photo by Fabrice COFFRINI / AFP) (Photo by FABRICE COFFRINI/AFP via Getty Images) As Google prepares to return workers to offices in 2021, it is warning it may take a productivity and financial hit in the process, according to the company’s annual 10-K report. The company, known for its competitive, perks-fueled culture, employs 135,301 full-time workers and an… Source link

“It’s the leap, not the look, that generates crucial information.” – George Gilder It was recently announced that Google’s GOOG parent company Alphabet GOOGL intends to wind down its Loon project. The Wall Street Journal’s Matt Grossman and Sarah Needleman described the latter as an endeavor to bring internet connectivity to “billions of people in communities where traditional ground-based infrastructure was too expensive or too difficult to install.” The… Source link

TipRanks Goldman Sachs Says These 3 Stocks Could Surge Over 30% From Current Levels After a true annus horribilus, we’re all ready for better times. The US equity strategy team at Goldman Sachs, led by David Kostin, sees those better time ahead, and in the near-term. The team is predicting a 25% gain for the S&P 500 within the next 24 months – or to put it in absolute numbers, they believe the index will hit 4,600 by December 2022. Kostin lays out four clear reasons for believing that… Source link

Jul 30th 2020 IT MAY BE just 21 years old, but Google is in the midst of a mid-life crisis. As so often in such cases, all seems well on the surface. Every day its search engine handles 6bn requests, YouTube receives 49 years’ worth of video uploads and Gmail processes about 100bn emails. Thanks to its dominance of online advertising, Google’s parent company, Alphabet, made a profit of $34bn last year. Beyond its core operations, it is a world leader in artificial intelligence (AI),… Source link