Alphabet, Roper Technologies fall; Boeing, Paramount rise, Wednesday, 1/31/2024
10 months, 3 weeks ago

Alphabet, Roper Technologies fall; Boeing, Paramount rise, Wednesday, 1/31/2024

Associated Press  

NEW YORK — Stocks that traded heavily or had substantial price changes on Wednesday: Alphabet Inc., down $11.36 to $140.10. The chipmaker gave investors a weak revenue forecast for its current quarter. The distributor of electronic components gave investors a weak earnings forecast. The industrial conglomerate gave investors a strong earnings forecast for the year. The industrial equipment maker gave investors a weak earnings forecast for the year.

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Stock market today: More weakness in technology companies pulls Wall Street lower
10 months ago

Stock market today: More weakness in technology companies pulls Wall Street lower

Hindustan Times  

NEW YORK — Stocks fell on Wall Street Wednesday as weakness in technology companies continues to drag on the market. Electronic measurement technology company Keysight Technologies fell 7.3% after its profit forecast fell short of analysts’ expectations. “As long as the labor market holds up, the Fed can afford to slow walk rate cuts,” said Jamie Cox, managing partner for …

Google-parent Alphabet reports better than expected earnings
1 year, 7 months ago

Google-parent Alphabet reports better than expected earnings

Live Mint  

Alphabet Inc on Tuesday reported first quarter revenue above analysts’ estimates on higher demand for cloud services and better than expected ad sales. Alphabet reported revenue for the March quarter at $69.79 billion, higher than analysts’ forecasts. Ad sales at Google’s YouTube video site declined 2.5% in March quarter from last year period. Alphabet’s net income stood at $15 billion, …

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