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Market Rally Diverges; Google Surges On AI News, Inflation Cools, But Breadth Weak: Weekly Review

May 12, 2023 Mariel Alumit

The stock market rally diverged in the latest week. The Nasdaq hit a 2023 high, fueled by Google stock and other tech megacaps. But the S&P 500 and Dow Jones fell for a second straight […]

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Google Feels The Pinch From The Economic Slowdown The Daily Financial Trends

October 26, 2022 Mariel Alumit

Google parent Alphabet’s (GOOG, GOOGL) third quarter earnings report fell short of expectations in revenues and profits, in large part due to YouTube advertising revenue falling $400 million short of estimates. Revenue excluding traffic acquisition […]

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Finance

Google Sued By Republican National Committee The Daily Financial Trends

October 24, 2022 Mariel Alumit

Google is being sued by the Republican National Committee, over its email filtering practices. The lawsuit was filed with California’s Eastern District Court on Friday, and accuses the online search leviathan of sending RNC fundraising […]

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