Alphabet delivers 24% revenue increase to $119.8 billion
Alphabet (NASDAQ:GOOG) reported second-quarter revenue of $119.8 billion, up 24%, as Services and Cloud sales increased.
Alphabet (NASDAQ:GOOG) reported second-quarter revenue of $119.8 billion, up 24%, as Services and Cloud sales increased.
ServiceNow (NYSE:NOW) reported second-quarter subscription revenue of $3.88 billion, up 24.5%, as total revenue increased 24% to $3.99 billion.
Anna Edwards, Guy Johnson, Tom Mackenzie and Adam Linton break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Genenta (NASDAQ:GNTA) said Sòphia High Tech’s FY2025 sales rose 29.3% to €7.17 million, alongside increased operating profitability.
Generic drug manufacturers will have two years to move production to the US or face a 100% import duty from August 2028, President Donald Trump said, threatening the supply of low-cost medicines that millions of Americans rely on. Bloomberg's Deirdre Hipwell reports.
ADTRAN Holdings (NASDAQ:ADTN) reported preliminary second-quarter revenue of $280 million–$282 million, below its $283 million–$303 million guidance.
US Secretary of State Marco Rubio tells Asean leaders that the US is 100% committed to the region, as President Donald Trump's fresh tariff threat stokes worries about the impact on China, India and other nations in Asia.
Hong Kong home prices are expected to rebound the most in nearly a decade in 2026, driven by strong mainland Chinese demand, limited supply and robust rental growth, according to Bloomberg Intelligence.
President Donald Trump said generic drug manufacturers will have two years to move production to the US or face a 100% import duty. Bloomberg's Mica Soellner reports on what could come next.
Charles Schwab Corp. reported earnings that topped estimates as retail investors continued to jump in and out of the market amid volatility sparked by geopolitical uncertainty. Schwab reported a record 11.9 million daily average revenue trades in the second quarter, a 57% increase from a year earlier. Trading revenue also rose, climbing 28% to $1.2 billion. President and CEO Rick Wurster joins Bloomberg Businessweek Daily to discuss, saying clients are trusting the platform not just for investing but also for "help with their financial lives." Wurster also discusses continued demand from retail and younger traders, AI use cases in investing, the impact of this summer's SpaceX IPO, prediction markets, crypto, and more. He speaks with Carol Massar and Tim Stenovec.
Data centre provider Iren (NASDAQ:IREN) has secured US$2.8 billion in new cloud service agreements.
Frank Cooper III, Chief Marketing Officer at Visa, shared insights on the significant spending increase during the World Cup, highlighting a 16% year-over-year rise in cross-border transactions throughout the tournament. San Francisco led U.S. metro areas with a 15% spending growth, while visitors from the United Kingdom showed the largest jump, particularly in Boston with a 50% increase. He speaks with Katie Greifeld & Sally Bakewell on "The Close."