Alphabet

Google headquarters London

Google’s existing CEO Sundar Pichai is now also parent company Alphabet, following the departure of the company’s co-founders from the top of the organisation.  Larry Page is stepping down as CEO of Alphabet, while Sergey Brin is vacating his role as President of the company. Sign up for Which-50’s Irregular

Alphabet, Google’s parent company, released Q3 results today showing its revenue and operating income growing from the prior year but net income falling.  Analysts are blaming Google’s investment in cloud computing for the drop in net income. The company has been building data centres, buying equipment, and hiring various staff

Amazon has surpassed Microsoft to become the world’s most valuable public company by market capitalisation and analysts predict its share price will continue to grow based on its digital advertising potential. ​At close of US trading on Monday Amazon stock was up 3.4 per cent giving it a market value

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Both Amazon and Google’s parent company disappointed investors today, with shares in both internet giants declining off the back of their financial performance for the quarter ended September 30, 2018. Amazon dropped 8 per cent after missing Wall Street’s revenue targets. The Seattle giant reported quarterly sales rose 29 per

Google Cloud

The looming threat of daily fines of up to 5 per cent of Alphabet’s worldwide revenue hasn’t scared away investors. Google’s parent company Alphabet reported its second quarter results overnight, just days after being slapped with $5 billion (AU$6.85 billion) antitrust fine from the EU which took aim at its

Alphabet – Google’s parent company – recorded sales of $US32.3 billion in the last quarter of 2017, up 24 per cent, but the profit result of 9.70 a share missed consensus estimates of $9.96. Total revenues for the year grew 23 per cent to just under $111B. WHICH-50 Reader Survey: Help

Google headquarters London

Google parent Alphabet’s revenue rose 24 per cent to $27.8 billion on the back of strong advertising sales in Q3. It recorded a profit of $6.7 billion, or $9.57 per share. The results beat analyst expectations and pushed Alphabet’s stock 3 per cent higher. Sign up for Which-50’s Irregular Insights

Google’s advertising revenue continues to grow, but the $2.7 billion EU antitrust fine has almost halved Alphabet’s second quarter profits. Taking the fine into account, Alphabet’s net income was $3.5 billion, rather than the $6.2 billion it was anticipating. As well as the 28 per cent decline in quarterly profit,

Google’s parent company Alphabet’s stock is up 4 per cent after it beat Wall Street’s expectations for the quarter ended March 31, 2017. Alphabet reported revenue of $24.75 billion, up 22 per cent versus the first quarter of 2016 and 24 per cent on a constant currency basis. During the

Is Alphabet Google’s mid life crisis or an Apple iPod moment? Google’s announcement that it would rebrand itself and restructure into a new holding company called Alphabet, is notable not just for its news value – but its timing. ‘The Brand Formerly Known As Google’ intends to be a conglomerate