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Read More »Microsoft to Defend Activision at Upcoming EU Antitrust Hearing
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Read More »TRON DAO Devotes $100M for AI Development Fund
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Read More »Alphabet Q4 2022 Financial Report Shows Earnings Miss as YouTube Struggles
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Read More »Google to Face Fresh Lawsuit from US Department of Justice
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Read More »Spotify Resorts to Fresh Layoff Scheme amid Tech Downturn
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Read More »UK Ad Mogul Martin Sorrell Believes US Tech Stocks to Rebound This Year
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Read More »Microsoft in Talks Regarding $10B Investment in ChatGPT Creator
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Read More »GOOGL Stock Tanks 6.5% as Alphabet Misses on Q3 2022 Earnings
Alphabet’s ad revenue from YouTube tanks by 2% against market expectations. The GOOGL stock price has slipped once again under $100 this year.During the aftermarket trading session on Tuesday, October 24, shares of Alphabet (NASDAQ: GOOGL) dropped nearly 7% on weaker-than-expected Q3 2022 earnings.Alphabet and Its Performance in Q3 2022The company’s revenue growth slowed to 6% from 41% a year ago as the company sees a major dip in online ad spending. This also turns out to be the weakest...
Read More »Snap Posts Unimpressive Q3 2022 Results, Triggers Stock Slippage of Pinterest, Alphabet, Meta
Snap blames its underperforming Q3 2022 financial report to rising inflation and the war in Ukraine. The report tanked other stocks.Snap (NYSE: SNAP), the first major social media company to release its Q3 2022 earnings, posted disappointing figures. For the period that ended September 30th, the prominent camera and social media company saw its shares plummet 25%. Furthermore, the California-based company warned that it would see no revenue growth in the typically busy holiday quarter. In a...
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