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By Yuvraj Malik and Greg Bensinger (Reuters) -Amazon.com forecast second-quarter revenue below Wall Street expectations on Tuesday, as it expects tepid spending from cost-conscious businesses on its cloud-computing services. First-quarter sales increas...
By Akash Sriram and Greg Bensinger (Reuters) -Alphabet announced its first-ever dividend on Thursday and a $70 billion stock buybuck, news cheered by investors who sent the stock surging more than 13% after the bell. The Google parent is returning cap...
The Google parent announced a dividend of 20 cents per share, cheering investors.
Alphabet announced its first-ever dividend on Thursday and a $70 billion stock buyback, cheering investors who sent the stock surging nearly 16% after the bell. The Google parent is returning capital while spending billions of dollars on data centers to catch up with rivals on generative artificial intelligence. The dividend will be 20 cents per share.
Amazon.com's advertising chief Colleen Aubrey, who has held that role for nearly three years, is moving to a new undisclosed position at the company. Spokeswoman Kristin Mariani said...