The market rally continues to build strength. Google spiked on earnings and a big stock split. AMD also jumped on results. Read More...
Reuters
Meta in focus after strong report by Alphabet boosts confidence
The holidays were a gift to Alphabet Inc’s Google, quarterly results showed. Alphabet’s internet advertising, cloud computing and hardware businesses helped the Google owner soundly beat Wall Street targets for the holiday quarter, sending shares up as much as 9% in after-hours trading. Brian Wieser, global president of business intelligence, at the ad-buying giant GroupM, said Alphabet’s results reinforce that the advertising industry as a whole is in a strong position, despite changes by Apple Inc that prevent advertisers from tracking iPhone and iPad users without their consent.