Alphabet delivers better-than-expected Q4 revenue

Bulls Look to Alphabet Results to Keep Tech Stock Rally Going

The company's shares slipped in late trading.

Google Cloud scored customers in financial services, retail, and media and entertainment, and expanded regions internationally, Pichai noted.

Alphabet CFO Ruth Porat has stated that the company's rate of growth will slow further, but continued investment in shoring up its flagship products is expected to stand Google and its other interests in good stead.

Porat said increased operating costs stemmed from licensing content for YouTube, expanded data center operations and Google's hardware business. 1 The number of new employees - excluding contractors and the like - jumped 23 percent in a year to almost 100,000.

Porat talked about a moderation in head count growth and capital spending in 2019, but didn't provide specific details.

The yearly numbers looked positive as well - revenue grew from $110.85 billion to $136.81 billion or about 23%.

Iran unveils new ground-launched cruise missile
Iran said in January its bid to launch a satellite failed after Tehran ignored USA warnings to avoid such activity. The new "Hoveyzeh" cruise missile can reportedly travel up to 1,200 kilometres.

But the company is now paying more to support its advertising business.

Alphabet's earnings totaled $12.77 a share in the fourth quarter, about $2 a share above the consensus estimate. Earlier, they closed at $1,141.42 in regular NY trading. Other bets lost $1.3 billion, up a whopping 78 percent over the 748 million the group lost a year ago.

Analysts polled by FactSet were expecting earnings per share of $10.86, or a profit of $7.6 billion, on revenue of $38.9 billion.

The company reported net income of $8.95bn, or $12.77 per Class A and B common share and Class C capital share, in the quarter ended December 31, compared with a loss of $3bn, or $4.35 per share, a year earlier when it recorded a one-time tax charge of $9.9bn.

Alphabet's full-year 2018 results were also reassuring.

Not surprisingly, Google Home was the breakout hit for the company over the holiday season.

Mojo Rawley comments on Rob Gronkowski potentially joining WWE
Gronkowski missed three games this season because of injuries, finishing the year with only 52.5 yards per game. But he found a way to add to his lasting impression as an indispensable part of the Patriots' dynasty.

"For a growth company, investment should be applauded", said Atlantic Equities analyst James Cordwell. Google Properties paid clicks grew 86% Y/Y and cost per clicks fell 29%. Last month, French privacy regulators fined Google 50 million euros ($57 million) for not giving consumers enough information when it asked them to sign over access to their information.

While Alphabet had a mostly positive earnings report, there were misses for the tech company. Together the two giants account for about 57% of all digital ad spending. "The fundamentals of their advertising business remain intact". The investor is also bullish about Waymo, Alphabet's autonomous vehicle unit.

Google "other" revenues - think cloud platform and other non-advertising dosh - were $6.5bn, up 30 per cent from $5bn.

Ad revenue growth, as always, will be paramount to investors, while the company's "Other Bets" segment is expected to rise by more than a third. However, those operations showed a $1.3 billion operating loss. Shares of the Mountain View, California-based company rose 1.1 percent at 10:25 NY on Monday amid a broader rally in technology and and internet stocks that included Facebook, Netflix, Microsoft and Apple.

The cash hoard has also sparked speculation among some analysts that Alphabet will make a major acquisition to boost its cloud business.

"I think Microsoft and Amazon need to keep one eye open with Google", he said.

Australia close in on second Test victory over Sri Lanka
Sri Lanka were as disappointing as any touring team to Australia, all out for just 149 on Monday chasing an unlikely 516 for victory.

Related news:

Hot News

isis-killer-beheading-video-story-top Trump says he's optimistic North Korea will give up nukes
Feb 05, 2019 - 19:54
The president said the date of his next summit with North Korea's Kim Jong Un would be announced shortly. The North demanded the United States to take corresponding measurers such as sanctions relief.

isis-killer-beheading-video-story-top Respawn’s Free-To-Play ‘Apex Legends’ Battle Royale Available Now
Feb 05, 2019 - 18:56
For more on Apex Legends , check out the official launch trailer and a gameplay deep dive trailer . The anonymous poster gave no indication of their alleged status in the game's development.

isis-killer-beheading-video-story-top HMV rescued by Sunrise Records; BP profits spill over; Ocado losses widen
Feb 05, 2019 - 18:43
KPMG, which oversaw the process, will retain a further 122 employees at warehouse functions to assist in winding down operations. It is now unknown which stores are closing, with staff being informed first before a public announcement.

isis-killer-beheading-video-story-top Shocking way in which Meghan Markle sent messages to sex workers
Feb 05, 2019 - 15:26
The project provides women with practical and emotional support, including expert advice and crisis care to hot showers and lunch. But Meghan Markle's appearance in Bristol with Prince Harry , as a part of the Old Vic's outreach plan , may just take the cake.

isis-killer-beheading-video-story-top Chinese communities around world welcome Year of the Pig
Feb 05, 2019 - 11:44
People walk inside a Chinese temple during the celebration of the Lunar New Year in Chinatown in Bangkok, Thailand. "We also have a Chinese community in Holland, but many people are only exploring Chinese restaurants", he said.

isis-killer-beheading-video-story-top Crypto company can't access $200M after CEO dies with sole password
Feb 05, 2019 - 09:46
What was the password again? Gerald Cotten, founder of QuadrigaCX , died from "complications with Crohn's disease" in India. Robertson's affidavit notes that a copy of Cotten's death certificate was submitted to the court, with the J.A.

isis-killer-beheading-video-story-top Russian Federation treaty under strain
Feb 05, 2019 - 09:31
China's foreign ministry has ruled out the possibility of negotiating a new multilateral pact that includes Beijing. The reports are believed to be meant to restrain the emphasizing the performance of the latest weapon.

isis-killer-beheading-video-story-top You Can Now Lock WhatsApp On Your iPhone Using Face ID/Touch ID
Feb 05, 2019 - 07:29
If you have them turned on then you'll be able to both see and reply to any messages without having to unlock the app. When enabled, the app will require the user to rely on Touch ID or Face ID every time they access the app.

isis-killer-beheading-video-story-top Bulls waive Carmelo Anthony; Lakers seen as possible destination
Feb 05, 2019 - 06:43
According to ESPN , the Lakers remain "a real possibility" as Anthony's next destination to join long-time pal LeBron James . Anthony spent his first 14 seasons with Denver and NY before being traded to Oklahoma City ahead of the 2017-18 campaign.

isis-killer-beheading-video-story-top Super Bowl: Commentary compares woeful offence to Black Caps
Feb 05, 2019 - 05:24
The Patriots' Bill Belichick is the oldest Super Bowl-winning coach at age 66. "I got out-coached", McVeigh said. The Patriots hold the record for number of Super Bowl appearances, at 11.

isis-killer-beheading-video-story-top Sarah Sanders Has A New Name For Trump's 'Executive Time'
Feb 05, 2019 - 04:44
She added: "It's indisputable that our country has never been stronger than it is today under the leadership of President Trump ". Most days, Trump has no official work before 11:00 am, according to the daily guidance given to the media by the press office.

isis-killer-beheading-video-story-top LeBron James returns for Lakers against Clippers
Feb 04, 2019 - 23:28
James has not played in nearly five weeks as he injured his groin against the Golden State Warriors on Christmas Day. Brandon Ingram (19 points) and Rajon Rondo (14 points, 13 assists) also stood out for the winners.

isis-killer-beheading-video-story-top WHO and vaccine group back ‘critical’ cervical cancer shots
Feb 04, 2019 - 23:10
In the presence of these symptoms, one must consult a doctor and get thoroughly evaluated to rule out Cervical Cancer . In case there are precancerous signs found, treatment is initiated to avoid the development of cervical cancer .

isis-killer-beheading-video-story-top Jorginho will keep improving if Chelsea play well - Maurizio Sarri
Feb 04, 2019 - 22:42
The Blues have lost games against Wolves , Leicester and Bournemouth this season, conceding seven goals to them in the process. He said, " Jorginho needs movement without the ball from other players because he's used to playing at one touch ".

isis-killer-beheading-video-story-top Blazers reportedly add Rodney Hood in trade with Cavaliers
Feb 04, 2019 - 22:39
He was traded to the Philadelphia 76ers in July 2015, with the Sixers dealing him to the Brooklyn Nets on December 7, 2017. Baldwin signed a two-way deal with Portland on October 20, 2017, then a multi-year deal with the team March 12, 2018.