Alphabet Inc. News
Roku Stock Slides As KeyBanc Cuts Rating to 'Sector Weight' On Ad Weakness
Roku's eroding market share, and its need for new investment, will pressure near-term profits, according to KeyBanc analyst Justin Patterson.
Billionaire George Soros Makes a Huge Bet on Alphabet
The legendary investor also maintains his confidence in Amazon.
Amazon Layoffs: Retail Giant Begins Job Cuts in Devices & Services Division
"After a deep set of reviews, we recently decided to consolidate some teams and programs," Amazon said. "One of the consequences of these decisions is that some roles will no longer be required."
Fed Inflation Gauge Slowed Again in October, Supporting Dovish Powell
Further slowing in the Fed's preferred inflation gauge is adding heft to Chairman Jerome Powell's signals of smaller rate hikes.
Elon Musk's Latest Twitter Move Looks Like an Act of Desperation
Twitter is desperate for revenue. It has a $13 billion debt burden, but hasn’t showed a profit for eight of the last 10 years.