Alphabet to issue first-quarter results after markets close

South Africa News News

Alphabet to issue first-quarter results after markets close
South Africa Latest News,South Africa Headlines
  • 📰 CNBC
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

Google is trying to reignite growth after a tough year for online advertising in 2022.

: $6.6 billion, according to StreetAccount.: $11.78 billion, according to StreetAccount.

Alphabet's first quarter was highlighted by dramatic costs cuts, on the one hand, and a hefty focus on investments in artificial intelligence, on the other. Coming off consecutive quarters of meek revenue growth, Google's parent had its first major rounds of job cuts since the company's public market debut nearly 19 years ago. In January, Alphabet said it wasRevenue growth in the first quarter is expected to come in at just over 1% as advertisers continue to reel in spending.that Google is making cuts to employee services, calling them “big, multi-year efforts.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNBC /  🏆 12. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Google parent Alphabet discloses how much it compensated CEO Sundar Pichai in 2022Google parent Alphabet discloses how much it compensated CEO Sundar Pichai in 2022Google parent Alphabet on Friday disclosed in an SEC filing how much compensation it gave CEO Sundar Pichai for the prior year — approximately $226 million.
Read more »

Alphabet earnings: What to watch for beyond Google's AI effortsAlphabet earnings: What to watch for beyond Google's AI effortsAnalysts surveyed by FactSet expect Alphabet to post $1.08 a share in earnings, down from $1.23 a share a year before. Here’s what to watch as the $GOOGL parent reports its latest quarterly earnings Tuesday afternoon.
Read more »

Sundar Pichai got paid 808 times the median Google worker payGoogle CEO Sundar Pichai's 2022 pay details are out: $2 million in base salary, $6 million for private security and his once-every-three-years treat — an absolutely massive stock award.
Read more »

New Google Authenticator update enables one-time codes to be stored in your Google AccountNew Google Authenticator update enables one-time codes to be stored in your Google AccountA new update to the Google Authenticator app will now allow users to sync their one-time codes in their Google accounts.
Read more »

AI Isn't Going to Reinvent the Alphabet Anytime SoonAI Isn't Going to Reinvent the Alphabet Anytime SoonAI doesn't understand how humans read well enough to design type on its own. But it can help typographers make their work more accessible.
Read more »

Pentagon Leaks Reveal UAE Lobbyists May Have Hid Close Ties With RussiaPentagon Leaks Reveal UAE Lobbyists May Have Hid Close Ties With RussiaIn 2022 the United Arab Emirates spent over $36 million on lobbying in the U.S.
Read more »



Render Time: 2025-03-03 00:22:30