By admin Apr, 28, 2021 Stock Market

Google Alphabet company reported its earnings today and announced a record profit. GOOGL quarter earnings came in at $26.29 per share, with a revenue beat. Also, Google's parent company announced a $50 billion share buyback. 

The stock is up over 5 percent premarket.

Spotify earning report

The music streaming company reported a lower than expected loss, $0.30 per share for this recent quarter, a year ago it reported $0.22 per share but beat revenue estimates. Also, it reported a 24% increase in monthly users. Spotify shares are down by 7 percent pre-market.

Shopify a marketplace for businesses hosts their online store, an e-commerce platform provider. Shopify stock soars 5.5% in the premarket after reporting a higher-than-expected earning revenue in its most recent quarter.

"Shopify (SHOP) – The e-commerce platform provider’s stock rallied 5.5% in the premarket after reporting better-than-expected earnings and revenue for its latest quarter. Shopify continues to benefit from the boom in online shopping.

Boeing (BA) – Boeing lost $1.53 per share, compared to a consensus forecast for a loss of $1.15 per share. Revenue was better than expected, although the jet maker said the global pandemic continues to challenge the overall market environment. Boeing fell 1.2% in premarket trading."  - CNBC

Tags: Google GOOG ADT FB AAPL DOJ Antitrust lawsuit google antitrust lawsuit

Share On Facebook Twitter Linkedin Whatsapp Telegram