Alphabet shares are down about 16% this year as markets face volatility from mounting trade war fears and worries about President Donald Trump's tariffs. ​Read More
Google parent Alphabet said it would buy back $70 billion worth of shares and increase its dividend by 5% as it reported first-quarter earnings above Wall Street expectations on Thursday. Shares jumped 4% in extended trading, adding about $75 billion to the company’s market value. Alphabet beat quarterly revenue estimates, benefiting from steady growth in
In its first earnings report under the leadership of CEO Lip-Bu Tan, Intel said it plans to slash operational and capital expenses in the coming year. ​Read More
The Google parent company and search giant faces an online ad market that’s on edge due to concerns about how Trump’s tariffs will affect the economy and business spending. ​Read More
Southwest Airlines became the latest U.S. carrier on Wednesday to withdraw its financial forecast as President Donald Trump’s trade war has created the biggest uncertainty for the industry since the COVID-19 pandemic. With little clarity on how consumers will behave in the face of a potentially worsening economy, airlines are struggling to accurately forecast their
This material is for informational purposes is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. The opinions expressed are as of date of publication and are subject to change. Reliance upon information in this material is at the sole discretion of the reader. Past performance is not indicative of current or future results. This information provided is neither tax nor legal advice and investors should consult with their own advisors before making investment decisions. Investment involves risk including possible loss of principal.