If Alphabet Can Overcome These 2 Challenges, the Stock Could Soar

The market gave a mixed response to the first-quarter results that Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) reported after the bell on Tuesday. It's no secret that Alphabet is at a crossroads. The public release of ChatGPT last November has presented the stiffest challenges to Google Search ever. Read More...


Amazon omits India business in earnings, a first in years

Amazon omitted any reference to India in Thursday’s earnings call and release, a notable change for the e-commerce giant that has consistently highlighted rapid growth and bullish outlook in the South Asian market. The absence of India in the Q1 2023 quarterly earnings and investor call, the first since early 2014, follows Amazon’s shutdown of multiple services, including food delivery and wholesale distribution, in the country, prompting many analysts to wonder if the American giant is scaling back operations in the country amid global restructuring. Amazon has poured over $7 billion into its India operations over the last decade and competes aggressively with Walmart-backed Flipkart.

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