News

Published on 30 Oct 2024 on Benzinga

Alphabet's Earnings Rally Pushes Magnificent 7 Market Cap To Record $16.8...

Article preview image

Alphabet Inc. GOOGL GOOG, the parent company of Google, reported stellar third-quarter earnings that not only beat Wall Street’s expectations but also drove the combined market cap of the “Magnificent Seven” tech giants to an unprecedented $16.8 trillion.

Alphabet's earnings per share came in at $2.12, a 37% increase over the same quarter last year, far exceeding the consensus estimate of $1.55, according to data from Benzinga Pro.

Read the rest of the article
NASDAQ.FSMDX price evolution

Want to become a better investor?

Start tracking your investments with Statfolio

Sign up for free
Related News
Fidelity Fund That Rode China’s Epic Rally Is Back Buying Stocks

(Bloomberg) -- After successfully riding China’s epic stock rally in late September, Fidelity...

Bloomberg · via Yahoo Finance 19 Nov 2024
Vistra Corp (VST): A Hot Growth Stock to Buy According to Hedge Funds

We recently compiled a list of the 8 Hot Growth Stocks To Buy According to Hedge Funds. In this...

Insider Monkey · via Yahoo Finance 9 Nov 2024
Friday's big stock stories: What’s likely to move the market in the next trading...

Here's what CNBC TV's producers were watching as the Nasdaq Composite and S&P 500 extended their...

CNBC 7 Nov 2024
Massive October Inflows Keep ETFs on Track for $1T

The most in-demand bond ETF of the month was the Fidelity Total Bond ETF (FBND), followed by the ...

etf.com · via Yahoo Finance 4 Nov 2024
Wall Street Struggles Ahead Of Election Day, Energy Sector Outperforms, Solar...

The U.S. stock market struggled to gain momentum on Monday as investors remained cautious ahead o...

Benzinga 4 Nov 2024
Is Chart Industries, Inc. (GTLS) The Best Industrial Stock to Buy According to...

We recently published a list of 8 Best Industrial Stocks To Buy According to Analysts. In this...

Insider Monkey · via Yahoo Finance 31 Oct 2024
Is Enovis Corporation (ENOV) The Best Industrial Stock to Buy According to...

We recently published a list of 8 Best Industrial Stocks To Buy According to Analysts. In this...

Insider Monkey · via Yahoo Finance 31 Oct 2024
Alphabet's Earnings Rally Pushes Magnificent 7 Market Cap To Record $16.8...

Alphabet Inc. GOOGL GOOG, the parent company of Google, reported stellar third-quarter earnings t...

Benzinga 30 Oct 2024
How to pick the right mutual fund for your portfolio in 8 simple steps

Mutual funds are a solid choice for investors looking for a diversified investment vehicle for...

CNN.com 30 Oct 2024
3 Mid-Cap Value Mutual Funds to Add to Your Portfolio

The Federal Reserve boosted investor sentiment with half-a-percentage-point cut last month. Marke...

Zacks 25 Oct 2024

Copyright Statfolio @ 2024

Social Accounts