Google And Microsoft To The Rescue [Forbes]
Alphabet Inc. - Class C Capital Stock (GOOG)
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
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Source: Forbes
Following a day where major indices saw significant losses early, but recovered late in the day, markets are poised for a strong open Friday. On Thursday, the S&P 500 dropped 0.5% while the Nasdaq Composite lost 0.6%; however, indices had been sharply lower following earnings reports from Facebook parent Meta Platforms and IBM Shares of Meta had their worst day since 2022, falling 10%. IBM was down more than 8% for the day. The earnings news was exacerbated by a weaker than expected reading on first-quarter GDP which came in at just 1.6%. That was well below expectations of 2.5% and led to fears the economy might be slowing while inflation remains stubbornly high, commonly known as stagflation. But a couple positive earnings reports after the close quickly turned things around and some good economic news this morning, in the form of the Personal Consumption Expenditures (PCE) Index, seems poised to get markets off to a good start. After the close on Thursday, we had a change in t
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GOOG
Earnings
- 4/25/24 - Beat
GOOG
Sec Filings
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- GOOG's page on the SEC website