This week the report of the Alphabet associated company of Google for the fourth quarter 2015 is eagerly awaited in Wall Street. The company for the first time reports on the results separately from the rest of their enterprises.
In October, Google conducted a massive restructuring process and has become a part of Alphabet holding company. The reorganization was supposed to be legally beneficial to the well-known companies, giving investors a clearer picture of the costs of Alphabet on their businesses, and increasing the transparency of financial relations with shareholders. At the same time the leaders remain unchanged. Google has a lot of changes – the structures which were the part of it became separate companies, which are also joined the Alphabet company (this refers to such popular projects as: Calico, Wing, investment units Ventures and Capital – each of these organizations are now a separate manual).
Under the control of Google Gmail (e-mail), Google Ads (advertising), Google Maps (maps) and Google Plus (social network) remains. The company will be engaged in the work on the Android mobile operating system and the development of video hosting YouTube.
The results of the Alphabet report occurred after the reorganization are successful.
RBC Capital Markets analyst Mark Mahaney said that for the fourth quarter Alphabet exceeded all expectations of Wall Street. The company has given a successful report, which clearly shows that the share price has increased by 2% to $ 759.86. This shows great prospects and opportunities of the company.
In 2015, Alphabet was not the only major company that exceeded Wall Street expectations. FANG, Facebook, Amazon, Netflix, increased their earnings this year, and analysts expect that in 2016 those numbers will multiply.
El Salvador was the first in the world to legalize bitcoin as an official means of payment. Such a law was passed by the country’s parliament. 62 parliamentarians supported the bill, 19 voted against, and three abstained. President Nayib Bukele intends to sign the law soon, after which it will take effect “immediately”. Thus, accepting […]
Pfizer will test its COVID vaccine in children under 12 years of age. Radio Svoboda reported this with reference to the company’s statement. The study will involve up to 4,500 children in the United States, Finland, Poland and Spain. The drug is already approved for use in emergencies for adolescents 12 years and older in […]
It takes at least 10 years to reform Ukrainian industry. President Volodymyr Zelensky stated this during the Ukraine 30 forum. “Modernization of industry, which has not taken place in Ukraine so far, will take place this time. We are talking about modernization of large industry, any, not just TPP. But do not believe those who […]
In the United States over the past 15 years, 25 billionaires have paid a much lower income tax than they should have. ProPublica based on confidential data from the US IRS published the investigation. In particular, among the 25 billionaires are Berkshire Hathaway CEO Warren Buffett, former New York Mayor Michael Bloomberg, Amazon founder Jeff […]
US President Joe Biden on Wednesday, June 9, signed a decree lifting restrictions against Chinese services TikTok and WeChat, imposed by former President Donald Trump. The press service of the White House reports. This is a decree of August 2020 on restrictions against the Chinese companies ByteDance and Tencent, which own the video service TikTok […]
The company, which was boosted by the coronavirus pandemic, continues to grow customers despite declining video conferencing. From February to April, 497 thousand organizations bought the premium version of Zoom, which is almost 30 thousand more than in the period from November to January. Although these data suggest a slowdown in customer growth, as from […]
Richard Branson’s aerospace company Virgin Galactic has announced a contract for a special research flight by Kelly Gerard, a member of the International Space Institute (IIAS). The astronaut will conduct experiments and test new health technologies while in space. The company’s shares in the premarket rose 7.61% to $ 33.5. “Much of our mission is […]
U.S. President Joe Biden on Thursday signed a decree banning Washington from investing in 60 Chinese companies that the White House says are undermining U.S. security. “This executive order allows the United States to ban investments in Chinese companies that undermine the security or democratic values of the United States and our allies,” the document […]
Newspaper Financial Times found that IT-Oracle Corporation wants to buy Chinese video service TikTok. About this edition with reference to sources wrote on August 18. Official information about negotiations in ByteDance (it owns TikTok), nor Oracle did not comment. According to sources of FT, the company also is negotiating with investors who own shares in […]Next
President of Ukraine Petro Poroshenko said that by the end of January, the state expects financial aid of $ 100 million from the Swiss Confederation, which approved the allocation of this amount of money. Money must be received at the National Bank account. This information was published by Ukrainian portal InVenture. Swiss President Doris Leuthard […]Next
LVMH CEO Bernard Arnault topped the list of the world’s richest people with a fortune of $ 186.3 billion, surpassing Amazon founder Jeff Bezos by $ 300 million. This was reported by Forbes. The top three also included Tesla and Space X chairman Elon Musk ($ 147.3 billion). According to the publication, Arno’s wealth increased […]Next
The price of shares of Coca-Cola today is 13.6% lower than at the beginning of 2020, and the profit with revenues of the second quarter fell by a third due to lower sales in restaurants and entertainments in the conditions of a pandemic. At the same time, shares of Coca-Cola are considered to be a […]Next
The National Agency for the Detection, Investigation and Management of Corrupt Assets (ARMA) has identified Ukrtransnafta as the winner of a tender to manage the seized part of the Samara-Western Direction main oil pipeline. It is noted that only two participants took part in the competition, as competition in this market is limited. “The winner […]Next
At the close of trading on the New York Stock Exchange on Monday, July 13, Tesla Inc. stock price fell to $1497 per share from a record $1794 recorded in the first hours after the trading opened. Consequently, the company’s capitalization in just a few hours fell from $321 billion to $277 billion. Tesla’s previous […]Next
The Hong Kong administration “until further notice” canceled all orders for the purchase of coronavirus vaccine from Pfizer and BioNTech, and stopped using it for vaccination in all two dozen locations in the city, according to the South China Morning Post. This happened after the distributor of the drug in the region of Fosun Pharma […]Next
The eleventh object of the state enterprise Ukrspirt Zalozetsky distillery was sold for UAH 80 million. This was reported by the State Property Fund on Wednesday, December 2. It is noted that six participants competed in transparent bidding, as a result of which the starting price increased two and a half times – from UAH […]Next
The most popular cryptocurrency bitcoin has risen again to 60 thousand dollars. Its value increases on the news of a possible reduction in supply. Reuters writes about it. Note that bitcoin first took this bar on March 13, reaching a record high of $ 61,781.83 on the Bitstamp exchange. This came immediately after US President […]Next
This week Chipotle (Chipotle Mexican Grill) closed another restaurant, this time in Boston, after a large number of students were poisoned by food. Questions of consumers about quality of products in Chipotle grow. Similar cases have been seen in other states, when people feel bad after a visit to Chipotle. Food scandal confused the investors […]Next
The AstraZeneca COVID vaccine is not perfect, but it will save thousands of lives. The company’s CEO Pascal Sorio said this. According to him, AstraZeneca will become the largest producer of COVID-vaccine in the world, reaching the production of 200 million doses by April. “Is the vaccine perfect? No. However, it is great. Who else […]Next
LDaily has prepared for the readers the short overview of latest news in the sphere of business and finance for last week. If you missed something, you would have a good opportunity to correct it. 1.Trump won: the companies begin to take out assets abroad By the last calculations, Donald Trump has won in […]Next
On Thursday, Amazon announced the release of its updated smart glasses Echo Frames starting on December 10. Now everyone will be able to buy it. The new product from Amazon for $ 250 will go on sale just before the holiday weeks, which is a good time to start the release. Analysts and market experts […]Next
The world economy will grow faster this year than expected at the end of last year. The chief economist of the IMF Gita Gopinat announced this on Tuesday, April 6. “We now forecast a stronger recovery of the world economy in 2021 and 2022 compared to our previous forecast in January, with growth to 6% […]Next
YouTube video hosting will launch a new platform for creating short videos. This was reported in the official blog of the company. It is reported that the new service Shorts is designed for fans to record short videos on a smartphone, apply music and effects to them and share with your contributors. Beta testing Shorts […]Next
Shares of Visa, which rose 4.7% since the beginning of the year and recovered almost all losses in February and March, which decreased after the publication of the financial report for the 3rd quarter, that ended on June 30. Income per share of Visa in the 3rd quarter decreased from 23% to $ 1.06, which, […]Next