Google Parent Posts Surge in Profit, but Expenses Also Jump

Google parent Alphabet Inc missed analysts' estimates for quarterly profit on Monday as it reported its highest-ever quarterly expenses, sending shares down about 1.2% even though revenue growth topped expectations......»»

Search engine giant Google's parent Alphabet reporting a 73 percent jump in profit in the first three months this year thanks to soaring internet ad sales and a change to its accounting......»»

Shares climb in after-hours trading......»»

Google parent Alphabet Inc on Monday reported that its profit margin rose in the second quarter, delivering investors a long-awaited sign that expenses are coming into check......»»

Tesla pulled off what Chief Executive Elon Musk called an "historic quarter" for the electric carmaker on Wednesday, posting a profit, positive cash flow and fatter-than-expected margins as higher production volumes of its new Model 3 began to pay off......»»

Shares of Alphabet, the parent company of Google, are trading at their highest price since last August, as the company made major announcements ab.....»»

Investment bank Goldman Sachs saw its profits nearly quintuple in the first quarter, driven by a massive surge of revenue from its core investment banking and trading operations......»»

iAnthus Capital Holdings, Inc. (CSE:IAN) (OTCPK: ITHUF) reported Thursday its revenue went up by 93.5% year-over-year to $151.7 million in 2020. Fourth-quarter revenue amounted to $46 million. read more.....»»

Cincinnati-based consumer goods giant Procter & Gamble saw a surge in sales amid the continuing coronavirus pandemic, which led to nearly $4 billion in profit in its most recent quarter. Consumer spending fueled by Covid-19 saw P&G (NYSE: PG) re.....»»

CCL maker Ventec posts profit surge in 1Q20.....»»

Motherboard specialist ASRock saw its net profit surge 91.7% on year to NT$187 million (US$6.27 million) in the first quarter of 2020, with EPS reaching NT$1.55, thanks mainly to rising sales from the server sector......»»

Newmont Corp. earned $837 million in the first quarter as gold prices surged......»»

REUTERS/Joshua Roberts/File Photo Amazon reported its first-quarter earnings on Th.....»»

Google parent Alphabet reported that first-quarter profits were lower than a year ago and lower than estimates. Revenues posted a double-digit gain, though, so all was forgiven......»»

Gold futures gain ground Thursday, as another large jump in weekly first-time jobless claims prompted prices to post their first gain in five sessions......»»

HONGKONG, March 31, 2020 /PRNewswire/ -- Chinese leading biopharmaceutical company 3SBio (01530.HK) today released its 2019 a.....»»

Shares of Google parent Alphabet Inc closed up more than 9% after U.S. President Donald Trump said on Friday the search giant would create a website to help determine whether individuals need a coronavirus test or not......»»

Standard Chartered booked a robust 46% jump in annual profit but warned a key earnings target would take longer to meet as the coronavirus epidemic adds to headwinds in its main markets of China and Hong Kong......»»

America Movil , the Mexican telecommunications giant, on Tuesday reported a fourth-quarter net profit of 21.19 billion pesos ($1.12 billion), up 63% from the same period last year......»»

Investors wrestle with mixed quarterly results......»»