Editor's PickSam Ro • yesterday
Alphabet (GOOG), the parent of search giant Google reported numbers that were stronger than expected, and shares are rallying. “Our terrific second quarter results, with 21% revenue growth year on year, and 25% on a constant currency basis reflect the successful investments we’ve made over many years in rapidly expanding areas such as mobile and video,” Alphabet CFO Ruth Porat said. Paid clicks on Google websites increased 37% year-over-year, while cost-per-click fell 9%.
Reuters • 3 minutes ago
Wall Street rose on Friday, with the S&P 500 index hitting a record intraday high for the seventh time this month as gains in technology heavyweights Alphabet and Amazon more than made up for losses in energy shares. Alphabet contributed the most to gains on the Nasdaq and the S&P 500. Aggregate second-quarter earnings of S&P 500 companies are now expected to fall 3.7 percent, worse than a 2.8 percent decline predicted on Thursday, according to Thomson Reuters I/B/E/S.
TheStreet.com • 9 minutes ago
Analysts see double-digit growth through next year in the public cloud services market, in which Amazon and Alphabet have considerable investments.
TheStreet.com • 30 minutes ago
Connected cars are on the rise, and experts say drivers want their cars protected from hacktivists before it's too late.
After hours: 768.790.00 (0.00%) as of 4:25 PM EDT
|Bid||769.20 x 100|
|Ask||769.73 x 500|
|52wk Range||565.05 - 789.87|
|Day's Range||766.77 - 778.55|
|Avg Vol (3m)||1,628,479|
As of 4:00 PM EDT. Market closed.