2023-02-03
“The search giant underperformed our expectations across almost all business units,” one analyst says of Google parent Alphabet. https://www.marketwatch.com/ ...
Bloomberg
Sundar Pichai says Google will make LLMs like LaMDA available “in the coming weeks and months”, and users will be able to use them “as a companion to search”
Google parent Alphabet Inc. reported fourth-quarter results that narrowly missed analysts' expectations …
“The search giant underperformed our expectations across almost all business units,” one analyst says of Google parent Alphabet. https://www.marketwatch.com/ ...
MarketWatch
Alphabet reports Google advertising revenue down 4% YoY from $61.2B to $59B, below analyst estimates of $60.4B, and Google Search revenue down 2% YoY to $42.6B
Jon Swartz / MarketWatch :
2022-10-26
Alphabet reported net income of $13.9 billion, or $1.06 a share, in its fiscal third quarter, compared with net income of $1.40 a share in the same quarter a year ago. Revenue of $GOOGL parent company grew at its slowest pace in more than two years: https://www.marketwatch.com/ ... https://twitter.com/...
Alphabet
Alphabet reports Q3 revenue up 6% YoY from $65.1B to $69.09B, $13.91B net income, down from $18.94B YoY, 186,779 employees, up from 150,028 YoY; stock drops 5%+
MOUNTAIN VIEW, Calif. - October 25, 2022 - Alphabet Inc. today announced financial results for the quarter ended September 30, 2022.
Alphabet reported net income of $13.9 billion, or $1.06 a share, in its fiscal third quarter, compared with net income of $1.40 a share in the same quarter a year ago. Revenue of $GOOGL parent company grew at its slowest pace in more than two years: https://www.marketwatch.com/ ... https://twitter.com/...
MarketWatch
Alphabet reports Google ad sales of $54.5B in Q3, up from $53.1B YoY, missing estimates of $56.6B, and Google Search revenue of $39.5B, up from $37.9B YoY
Jon Swartz / MarketWatch :
2022-10-13
Trump SPAC stock up 10% after Google approves Truth Social app for Play Store http://www.marketwatch.com/...
Axios
Sources: Google approved Truth Social for the Play Store after the app updated its content moderation policies in response to being denied approval in August
Google has approved Donald Trump's Twitter-like social media app Truth Social for distribution in the Google Play Store, Axios has learned.
2022-09-08
None of the new iPhone 14 devices sport increased prices relative to their iPhone 13 counterparts. The iPhone 14 sticks with a $799 starting price, the iPhone 14 Pro begins at $999 and the iPhone 14 Pro Max begins at $1,099. https://www.marketwatch.com/ ...
The Verge
Apple unveils the 6.1-inch iPhone 14 Pro and 6.7-inch iPhone 14 Pro Max with a Dynamic Island notch, 48MP main camera, an A16 4nm chip, and an always-on display
is the iPhone 14 to blame? Lori Grunin / CNET : From iPhone 14 to Apple Watch 8: Everything Apple Revealed at ‘Far Out’ Abdullah / Gizchina : iPhone 14 series battery life comparis...
2022-08-02
Activision Blizzard reported second-quarter net income of $280 million, or 36 cents a share, compared with $876 million, or $1.12 a share, in the year-ago period. $ATVI rose 1% after hours as the company released better-than-expected revenue: https://www.marketwatch.com/ ... https://twitter.com/...
MarketWatch
Activision Blizzard reports Q2 revenue of $1.64B, down from $2.3B YoY, vs $1.57B est., $280M net income, down from $876M YoY, and 361M MAUs, down from 408M YoY
Wallace Witkowski / MarketWatch : Source: Activision Blizzard - Investor Relations .
2022-02-11
Affirm shares plunged more than 20% Thursday after the buy-now pay-later company mistakenly posted earnings results early, then faced tough questions about how new partnerships were affecting revenue. https://www.marketwatch.com/ ...
MarketWatch
Affirm tweets some Q2 info early: revenue rose 77% YoY to $361M, GMV grew 115% to $4.5B, and net loss hit $159.7M, up from $26.6M YoY; stock fell as much as 26%
Emily Bary / MarketWatch :
2021-12-09
UiPath stock drops after hours even though company's earnings beat expectations http://www.marketwatch.com/...
MarketWatch
UiPath reports Q3 revenue of $220.8M, vs. estimates of $208.3M and up 50% YoY, ARR of $818.4M, up 58% YoY, and losses of $122.8M, up 73% YoY
2021-08-12
AppLovin shares rose in the extended session Wednesday after the company reported revenue above Wall Street estimates but held to its previous outlook as it said Apple's crackdown on ad data had a “muted” effect on its business. https://www.marketwatch.com/ ...
MarketWatch
AppLovin beats with Q2 revenue of $668.8M, up 123% YoY, Apps revenue of $523M, up 102% YoY, and Business Software Platform revenue of $146M, up 256% YoY
Wallace Witkowski / MarketWatch :
2021-05-27
Paymentus shares opened at $28.76 Wednesday, 37% above their IPO price of $21, which came at the high end of the company's expected pricing range of between $19 and $21 a share. $PAY https://www.marketwatch.com/ ... https://twitter.com/...
MarketWatch
Cloud-based bill payment tech provider Paymentus opened up 37% after raising $210M in its NYSE IPO at ~$3.4B valuation; Paymentus had $301.8M revenue in 2020
Emily Bary / MarketWatch :
2021-02-26
House members have assailed Big Tech again on antitrust issues. “This problem is a cancer that is metastasizing across our economy and our country,” Rep. David Cicilline said. “Mark my words: Change is coming. Laws are coming.” https://www.marketwatch.com/ ...
Protocol
First House antitrust hearing of the new Congress saw bipartisan agreement on antitrust reforms, including on reforming burden of proof in merger cases
Emily Birnbaum / Protocol :
Big Tech was in a familiar yet uncomfortable role Thursday: Another tongue-lashing from Congressional members alarmed by its outsize market power. “Mark my words: Change is coming. Laws are coming.” https://www.marketwatch.com/ ...
Protocol
First House antitrust hearing of the new Congress saw bipartisan agreement on antitrust reforms, including on reforming burden of proof in merger cases
Emily Birnbaum / Protocol :
2021-02-24
Surging interest in bitcoin and equities trading among Cash App customers helped Square Inc. more than double revenue for its latest quarter. The company also doubled down on its own interest in bitcoin: https://www.marketwatch.com/ ...
MarketWatch
Square beats in Q4 with revenue of $3.16B, vs estimates of $3.10B, up from $1.31B a year earlier, $1.76B revenue from bitcoin, and $416M revenue from Cash app
Surging interest in bitcoin and equities trading among Cash App customers helped Square Inc. more than double revenue for its latest quarter. The company also doubled down on its own interest in bitcoin: https://www.marketwatch.com/ ...
Square - Investor Relations
Square announces it spent $170M to acquire 3,318 bitcoins at an average price of $51,236, following its earlier $50M bet on the cryptocurrency
Square also announced a $170 million purchase in bitcoin as part of its ongoing commitment to the cryptocurrency
2021-02-09
Bitcoin surges toward record levels above $43,000 after Tesla's disclosure http://www.marketwatch.com/...
CNBC
Filing: Tesla has bought $1.5B worth of bitcoin and says it will start accepting bitcoin as a payment method for its products in the future
2020-08-14
Shares of KE Holdings, a Chinese online property platform, soared 87% in a blockbuster public debut Thursday that raised more than $2 billion despite the imminent threat of a hostile U.S. government. https://www.marketwatch.com/ ...
Wall Street Journal
Despite tensions between the US and China, more than 20 Chinese companies went public in 2020 on Nasdaq or NYSE, raising $4B according to Dealogic data
More than 20 Chinese companies have gone public on the Nasdaq or NYSE this year — The U.S. remains a magnet for initial public offerings … Tweets: @auditchina , @wsjmarkets , @da...
A Chinese IPO just raised more than $2 billion amid tensions between U.S. and China. The CFO of KE Holdings told MarketWatch it is an “affirmation of our company's culture of transparency and collaboration.” https://www.marketwatch.com/ ...
MarketWatch
Beike, a Chinese online property brokerage backed by Tencent and Softbank, raises $2.12B in its US IPO, with the stock up 87%, despite US-China tensions
Jon Swartz / MarketWatch : Tweets: @marketwatch and @marketwatch Tweets: @marketwatch : Shares of KE Holdings, a Chinese online property platform, soared 87% in a blockbuster publ...
Shares of KE Holdings, a Chinese online property platform, soared 87% in a blockbuster public debut Thursday that raised more than $2 billion despite the imminent threat of a hostile U.S. government. https://www.marketwatch.com/ ...
MarketWatch
Beike, a Chinese online property brokerage backed by Tencent and Softbank, raises $2.12B in its US IPO, with the stock up 87%, despite US-China tensions
Jon Swartz / MarketWatch : Tweets: @marketwatch and @marketwatch Tweets: @marketwatch : Shares of KE Holdings, a Chinese online property platform, soared 87% in a blockbuster publ...
A Chinese IPO just raised more than $2 billion amid tensions between U.S. and China. The CFO of KE Holdings told MarketWatch it is an “affirmation of our company's culture of transparency and collaboration.” https://www.marketwatch.com/ ...
Wall Street Journal
Despite tensions between the US and China, more than 20 Chinese companies went public in 2020 on Nasdaq or NYSE, raising $4B according to Dealogic data
More than 20 Chinese companies have gone public on the Nasdaq or NYSE this year — The U.S. remains a magnet for initial public offerings … Tweets: @auditchina , @wsjmarkets , @da...