Shares of tech giant Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) rose by about 2.7% on Friday. First, the Bureau of Economic Analysis released its latest report on the personal consumption expenditures price index, or PCE, which came in cooler than expected in February. In addition, Alphabet Chief Financial Officer Ruth Porat sent a memo to employees outlining further steps the company was taking to reduce costs. Read More...
Shares of tech giant Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) rose by about 2.7% on Friday. First, the Bureau of Economic Analysis released its latest report on the personal consumption expenditures price index, or PCE, which came in cooler than expected in February. In addition, Alphabet Chief Financial Officer Ruth Porat sent a memo to employees outlining further steps the company was taking to reduce costs.
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