Analysts at major shops on Wall Street are optimistic after Google-parent Alphabet's second-quarter earnings beat.
Google-parent Alphabet posted strong second-quarter numbers that had many Wall Street analysts gushing. The company reported a 7% year-over-year revenue increase to $74.6 billion alongside adjusted earnings per share of $1.44. Analysts polled by Refinitiv forecasted $1.34 per share and $72.82 billion in revenue. A key driver for those results was Google Cloud, which saw revenue surge 28% year over year to $8.03 billion. That's above a StreetAccount forecast of $7.87 billion.
mountain GOOGL pops after earnings Morgan Stanley's Brian Nowak increased his price target on Alphabet stock to $155 per share, or roughly 27% upside, and reiterated an overweight rating. Nowak highlighted the strong growth in Google's Cloud segment which could help add to the premium price on the stock.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
YouTube Ad Revenue Climbs 4% As Parent Alphabet Smashes Wall Street Q2 EstimatesYouTube posted 4% advertising revenue growth in the second quarter as parent Alphabet rode momentum in search and cloud services to smash Wall Street analysts’ expectations. The tech giant re…
続きを読む »
Wall Street analysts stay bullish on Microsoft after earnings given its 'unique position' in A.I.Analysts think the stock can march on higher given the company's leadership in artificial intelligence, among other drivers.
続きを読む »
Dumb Money Poster Has Something to Say to Wall Street for Sony's Biopic DramedyThe official Dumb Money poster has been released for Sony Pictures' upcoming biopic about the 2021's GameStop short squeeze incident.
続きを読む »
Dow leads Wall Street higher as investors eye beyond tech By Reuters⚠️BREAKING: *U.S. STOCKS END HIGHER AHEAD OF BIG TECH EARNINGS, DOW NOTCHES 11-DAY WINNING STREAK $DIA $SPY $QQQ $IWM $VIX 🇺🇸🇺🇸
続きを読む »
Analysis Details How Wall Street Underwriting Quietly Funnels Billions Into Fossil Fuels'Underwriting is a huge missing piece of net-zero transition plans, allowing big U.S. banks to continue to help fossil fuel companies raise billions of dollars with limited scrutiny,' said one campaigner.
続きを読む »
Morning Bid: China gloom deepens, Wall Street shinesA look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
続きを読む »