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Fly News Breaks for April 23, 2019
GOOG, GOOGL
Apr 23, 2019 | 12:27 EDT
Baird analyst Colin Sebastian expects Alphabet to report Q1 revenue that is in line or better than consensus expectations. Checks with advertisers and marketing partners throughout Q1 indicated "healthy and stable" search advertising trends with core search growth declining slightly relative to Q4, Sebastian tells investors in a pre-earnings research note. The analyst adds that while Alphabet guided to moderating headcount growth through the year, he still expects overall platform investments "to remain a drag on margins." Sebastian keeps an Outperform rating on Alphabet ahead of the company's Q1 results on April 29.
News For GOOGL;GOOG From the Last 2 Days
GOOGL
Mar 27, 2024 | 15:57 EDT
Welcome to "#SocialStocks," The Fly's weekly recap of Wall Street's reactions to social media stock news. GOVERNMENT SCRUTINY: The Biden... To see the rest of the story go to thefly.com. See Story Here
GOOGL, GOOG
Mar 26, 2024 | 13:46 EDT
Shares of Reddit (RDDT) jumped again in Tuesday trading as they extended their run following the launch of options on the stock the day before. Of note, the... To see the rest of the story go to thefly.com. See Story Here