Alphabet reports strong earnings growth, Google stock rises, AMD disappoints with revenue forecast

From Investing.com: 2024-10-30 03:05:00

Alphabet (NASDAQ:) impresses investors with a 15% revenue increase, strong ad revenue, and 35% growth in Google Cloud division. Despite regulatory challenges, Google saw its stock rise nearly 6% post-earnings. AMD (NASDAQ:) disappoints with a lackluster revenue forecast, raising concerns about slowing AI sales. BP (NYSE:) reports mixed results with slow profit growth and a $1.75 billion buyback program. Oil prices remain under pressure due to Chinese growth worries and supply/demand concerns. US job openings drop to lowest levels since 2021, influencing Fed doves and market sentiment. ADP report and Eurozone CPI numbers to watch for further market direction.



Read more at Investing.com: Alphabet Beats, Eyes on UK Budget, US Jobs, Eurozone CPI