The Latest Breaking News from Alphabet

The Australian share market has fallen for the fifth session in a row, and vitamins firm Blackmores has soared after Japan's Kirin Holdings announced it would buy the natural health company for nearly $2 billion.

The Nasdaq led in a mixed session for stocks Wednesday as Big Tech earnings impressed.

Concern that an economic slowdown would lead to shrinking earnings from U.S. mega-cap technology stocks eased late Tuesday when Microsoft (MSFT ) and Alphabet (GOOGL ) reported better-than-expected quarterly profits and revenue. Those two earnings results were the first of the major technology and internet stocks to report this earnings...

British American Tobacco (BAT) has been fined $635 million for breaching sanctions on North Korea. The British multinational, a leader in the sale of tobacco products, will pay the record sum to US authorities. BAT's Singapore subsidiary admitted to selling cigarettes to North Korea over a decade between 2007 and…

The world's third-largest cloud provider is finally turning a profit after years of hopeful Google investments.

Google parent company Alphabet beat market expectations in the first quarter of 2023 with a net profit of $15 billion, the company said on Tuesday, in a sign that the search engine behemoth is regaining its footing. The tech titan has found itself under pressure due to a general slowdown…

Platform still slightly beat equity analysts’ expectations

Google’s parent company reported a revenue of $69.8bn even as it races to implement cost-saving measures

Alphabet reported its Q1 2023 financial earnings on Tuesday. The company made over $69 billion in revenue following its mass layoffs.

"We expect the broader markets to move back near record highs at some point in 2023, but it won't likely be because of Big Tech,” Sanders Morris Harris chairman George Ball said Tuesday.

After climbing by more than +77% this year, Meta Platforms (META ) may need a new catalyst to extend the rally. Meta Platforms posted an 11-month high earlier this month after implementing plans to cut costs and make the company more efficient. However, with the bulk of the cost-saving plans...