Tag Archives: fueled

Google Q2 earnings: Revenue jumps 62%, fueled by demand for online advertising

Google Q2 earnings: Revenue jumps 62%, fueled by demand for online advertising

Google (GOOG)‘s parent company Alphabet reported revenue of $61.9 billion for the quarter ended June 30, a staggering 62% jump from the same quarter last year and significantly higher than analysts had expected. The company’s profits more than doubled to $18.5 billion. Alphabet’s stock rose 3% in after-hours trading Tuesday following the earnings report. Much of that growth was driven by a rebound in Google’s core advertising business, which posted revenue of $50.4 billion — a 69% increase … Source link

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Bitcoin Spike Fueled by Short Squeeze as Market Shrugs Off Tether News

Bitcoin Spike Fueled by Short Squeeze as Market Shrugs Off Tether News

Bitcoin market analysts are speculating over what fueled the cryptocurrency’s price jump on Monday, and some of the experts say a short squeeze of heavily leveraged traders may have added to upward pressure on prices. Bitcoin and other cryptocurrencies have risen dramatically over the past 24 hours. Bitcoin, the world’s largest cryptocurrency, was trading at $39,189 at press time, for a 15% price gain.  Short liquidations – bearish trades where the principal was wiped out due to margin… Source link

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E-commerce spending, business shipments likely fueled 24% revenue jump

E-commerce spending, business shipments likely fueled 24% revenue jump

FedEx (FDX) is poised to report fiscal fourth-quarter earnings after market close on Thursday, with the shipping company’s results likely to get a boost from persistent strength in e-commerce and a pick-up in business and international shipping. Here are the main metrics expected from FedEx’s report, compared to consensus estimates compiled by Bloomberg: The Memphis, Tennessee-based company is expected to see sales grow by 24% over last year, or at the fastest rate since at least 2010, based… Source link

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AMC, Gamestop: Meme stocks roar back, fueled by Reddit-inspired traders – Yahoo Finance

AMC, Gamestop: Meme stocks roar back, fueled by Reddit-inspired traders – Yahoo Finance

The New York Times Prosecutors Investigating Whether Ukrainians Meddled in 2020 Election Federal prosecutors in Brooklyn have been investigating whether several Ukrainian officials helped orchestrate a wide-ranging plan to meddle in the 2020 presidential campaign, including using Rudy Giuliani to spread their misleading claims about President Joe Biden and tilt the election in Donald Trump’s favor, according to people with knowledge of the matter. The criminal investigation, which began… Source link

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