Internet giant Alphabet, owner of Google reported worse than expected first quarter earnings after the market Monday. $GOOGL stock fell over 7% on the release. Q1 included a $1.7 billion (€1.5 billion) fine from the European Commission over anticompetitive advertising.
Internet giant Alphabet, owner of Google reported better than expected fourth quarter earnings after the market Monday. $GOOGL also increased stock buybacks but operating margin fell to 21% from 24% a year worrying investors.
Niantic, the video game maker behind Pokemon Go, has raised $190 million as it gears up for the release of a AR new game that revolves around the Harry Potter universe called Wizards Unite. The funding is said to put a $3.9 billion valuation on the company.
Following the recent technology stock sell off and ahead of cloud enterprise software giant SaleForce.com (CRM) earnings let us revisit the CapEx spending with the major technology companies for data centers and cloud needs from their earnings calls.
Digital advertising placement firm Trade Desk reported better than expected third quarter earnings Thursday and raising guidance. $TTD shares soared 15% after hours as the connected TV ad spending growth rate accelerates.
FANG member, internet monsters Alphabet, owner of Google reported mixed third quarter earnings, beating EPS but missing on revenue forecasts. Home Hub, recent Google next-generation Pixel smartphones, Pixel 3 and 3XL outlooks are key.
The week of the FANG, internet monsters Alphabet, owner of Google started off on Monday with better than expected second quarter earnings as advertising revenue surged. The huge $5 billion Fine from the European Commission covered it seems.
Following Microsoft’s earnings beat and Netflix’s miss, leading tech companies Facebook $FB, Amazon $AMZN, Alphabet $GOOGL and Twitter $MSFT report this week. Cloud computing and data privacy will determine analyst and investor ratings.
The week of the FANG, internet monsters Alphabet, owner of Google started off on Monday beating earnings and revenues. Going forward there is concern about rising traffic aquisition costs which saw $GOOGL shares trade up then down.
First the banks earnings now the leading tech companies Facebook $FB, Amazon $AMZN, Alphabet $GOOGL and Microsoft $MSFT report. Cloud computing and data privacy will determine analyst and investor ratings.