BREAKING NEWS

Alphabet profit sends shares up; overtakes Apple in value

By REUTERS

FEBRUARY 2, 2016 01:09

Updated: FEBRUARY 2, 2016 01:08

Feb 1 - Alphabet Inc reported better-than-expected quarterly profit on Monday, sending shares of Google's parent soaring in after-hours trading and making it the most valuable U.S. company ahead of rival Apple Inc .

It was the first quarter the company provided information on what it calls 'Other Bets' such as self-driving cars, and the solid results eased investor concerns about the company's spending on ambitious projects.

"As long as the core business continues to operate well with accelerated revenue... investment in those businesses can continue," said Ronald Josey of JMP Securities.

Qatar passes referendum, replaces Shura Council elections

By REUTERS

11/06/2024 12:31 AM

Netanyahu speaks with IDF chief, Shin Bet and Mossad heads

By JERUSALEM POST STAFF

11/05/2024 11:39 PM

IDF intercepts two drones fired by Islamic Resistance in Iraq

By JERUSALEM POST STAFF

11/05/2024 10:34 PM

Israeli strike on Lebanon town kills 15, Lebanese health ministry says

By REUTERS

11/05/2024 10:08 PM