Alphabet (GOOGL) Stock Declines Following Earnings, Revenue Miss

Alphabet (GOOGL) PT Lowered to $135 at Monness, Crespi, Hardt

October 26, 2022 9:09 AM EDT

Monness, Crespi, Hardt analyst Brian White lowered the price target on Alphabet (NASDAQ: GOOGL) to $135.00 (from $145.00) while maintaining a Buy rating.

The analyst commented, "Alphabet reported lackluster 3Q:22 results in a very treacherous digital ad market and is taking steps to... More

Alphabet (GOOGL) PT Lowered to $130 at Rosenblatt

October 26, 2022 8:26 AM EDT

Rosenblatt analyst Barton Crockett lowered the price target on Alphabet (NASDAQ: GOOGL) to $130.00 (from $156.00) while maintaining a Buy rating.

The analyst commented, "Alphabet followed Snap into the 3Q22 wind tunnel of strengthening macro headwinds. We assume this persists for a few quarters, before... More

Alphabet's miss fans inflation fears across digital advertising

October 25, 2022 4:06 PM EDT

By Sheila Dang and Eva Mathews

(Reuters) -Google parent Alphabet Inc's disappointing ad sales sparked worries across the digital media sector on Tuesday as advertisers cut back on their spending in the face of an economic slowdown.

Alphabet called out slowing spending by advertisers on YouTube, said financial services spending was cooling on Google, and plans to cut hiring by more than half.

The negative results shattered many expectations that Google, which is the world's largest digital advertising platform by market share, would remain strong in a weakening economy and reinforced worries on Wall Street that... More

Alphabet (GOOG) Misses Q3 EPS by 22c

October 25, 2022 4:02 PM EDT

Alphabet (NASDAQ: GOOG) reported Q3 EPS of $1.06, $0.22 worse than the analyst estimate of $1.28. Revenue for the quarter came in at $69.09 billion versus the consensus estimate of $71.34 billion.

For earnings history and earnings-related data on Alphabet (GOOG) click here.

... More

Alphabet (GOOGL), Meta Platforms (META) Targets Cut at KeyBanc on Tougher Ad Environment

October 25, 2022 6:52 AM EDT

KeyBanc analyst Justin Patterson lowered price targets on Alphabet (NASDAQ: GOOGL) and Meta Platforms (NASDAQ: META) amid increasing concerns the ad market will see a downturn in 2023.

These concerns have made investors further... More

Alphabet (GOOGL) October weekly 102 straddle priced into quarter results

October 25, 2022 5:06 AM EDT

Alphabet (NASDAQ: GOOGL) October weekly 102 straddle priced for a move of 6% into the expected release of quarter results after the bell on October 25.

... More

Alphabet (GOOGL) PT Lowered to $120 at KeyBanc

October 25, 2022 3:41 AM EDT

KeyBanc analyst Justin Patterson lowered the price target on Alphabet (NASDAQ: GOOGL) to $120.00 (from $125.00) while maintaining a Overweight rating.... More

Alphabet, Coca-Cola, UPS Earnings: 3 Things to Watch

October 24, 2022 4:14 PM EDT

By Liz Moyer

Investing.com -- Stocks bounced on Monday, adding to last week's gains as investors prepared for a wave of big tech earnings.

Investors have been encouraged to reenter riskier trades such as growth stocks after indications that at least some Federal Reserve officials see slowing the pace of interest rate increases after the November meeting, worried about acting too aggressively. The Fed has dramatically raised its benchmark rate since the... More

U.S. Stocks Jump Ahead of Big Tech Earnings

October 24, 2022 10:07 AM EDT

By Liz Moyer

Investing.com -- U.S. stocks jumped in early trading on Monday ahead of a busy week of earnings from big tech companies as well as automakers, airlines, and energy giants.

At 9:52 ET (13:52 GMT), the Dow Jones Industrial Average rose 365 points or 1.2%, while the S&P 500... More