Shares of Google parent Alphabet are falling after-hours as investors scrutinize the company’s quarterly results, reported after Tuesday’s closing bell.
The stock was recently down more than 5%. From Alphabet’s report:
Revenue of $69.1 billion, compared with FactSet’s consensus analyst expectati
Farallon has nominated three directors to the board of Exelixis, which develops cancer-fighting drugs.
Beijing is holding back its required green light for mergers that involve American companies as a technology war with Washington intensifies.
All those tech layoffs are starting to show up in employment statistics, but they still show little sign of spreading to other sectors.
