Tag Archives: deck

Slowing ad sales, an antitrust suit, and ChatGPT on deck

Slowing ad sales, an antitrust suit, and ChatGPT on deck

Google parent Alphabet (GOOG, GOOGL) will report its Q4 earnings after the bell on Wednesday as investors and analysts look for signs that the broader digital advertising market has hit its bottom. Here’s what Wall Street expects from the company, as compiled by Bloomberg, compared to how the company performed in the same period last year. Alphabet had a 20-to-1 stock split in July 2022. The company, like Meta (META) and Snap (SNAP), is working to overcome a slowdown in the digital… Source link

Read More »

Stocks slip with Fed, earnings, jobs data on deck

Stocks slip with Fed, earnings, jobs data on deck

U.S. stocks lagged Monday morning as a busy week marked by Fed policy, earnings and jobs data got underway. The S&P 500 (^GSPC) declined 0.7%, while the Dow Jones Industrial Average (^DJI) erased 200 points, or 0.6%. The technology-heavy Nasdaq Composite (^IXIC) fell by roughly the same margin. Treasuries ascended again, holding above 4%. Equity markets are still poised to round out the month higher after a brutal September slump. The Dow Jones Industrial Average was up 14.4% month-to-date as… Source link

Read More »