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Alphabet Surges After-Hours On Record Search Queries, Backlog Builds
Alphabet Surges After-Hours On Record Search Queries, Backlog Builds
Google shares are rallying after hours as parent Alphabet's first-quarter earnings report showed strong revenue growth in cloud computing and internet search ads, helping investors look past slowing profits amid huge AI spend.
Earnings per share were $5.11, well ahead of Wall Street's consensus estimate of $2.63, and up from $2.81 last year.
Revenue for the quarter reached $110 billion, more than expectations of $107 billion, and up 22% on the year.
The most closely watched line in Google's reporting is its cloud unit...
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Mar 30, 2026 / Dave DeCamp
At Least Five Palestinians Killed by Israeli Attacks in Gaza
Israeli attacks killed at least five Palestinians in Gaza on Monday, according to reports from the Strip, as the IDF continues launching strikes across the Palestinian territory despite the US-backed ceasefire deal signed in October 2025. According to the Palestinian news agency WAFA, three Palestinians were killed by an Israeli airstrike on a gathering of […]
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Jun 2, 2026 / Tyler Durden
Shake Shack Gets Smoked After Cutting Guidance
Shake Shack Gets Smoked After Cutting Guidance
Shake Shack plunged on Tuesday, hitting its lowest levels since November 2023, after the burger chain slashed second-quarter guidance only about a month after issuing it.
Baird analyst David Tarantino said the new outlook is viewed as "incrementally negative" for Shake Shack.
Tarantino noted that management had set an "unusually high bar" for 2Q comparable performance with its previous outlook, implying mid- to high-single-digit comps in May and June after -.6%.
He added that the updated guidance ranges may be attributed to new CFO...
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Mar 25, 2026 / Tyler Durden
Days After Trump Delays Xi Summit, Chinese Carrier Unveils 101-Jet Airbus Deal
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Days after President Donald Trump delayed a planned meeting with Chinese President Xi Jinping over the now 26-day-old U.S.-Iran conflict, one of China's top state-owned airlines unveiled a major narrow-body aircraft deal with Airbus.
China Eastern Airlines announced a $15.8 billion deal for 101 Airbus A320neo aircraft on Wednesday, with deliveries scheduled between 2028 and 2032.
The Shanghai-based carrier, which operates domestic and international passenger and cargo flights, said it negotiated prices well below list value and expects to fund...
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