- Tag results for Alpha
The fall of as much as 9 per cent in shares knocked more than USD 80 billion off Amazon's market value and relegated it behind Microsoft Corp and Apple Inc in terms of market value.
A story of ancient European hunting tribes, Alpha is also a detailed study of survival, maturity, leadership, and courage in the most trying of circumstances.
Amazon is now the second-largest publicly-listed U.S. company, with a market capitalization of $889 billion, followed closely by Alphabet and Microsoft, at $856 billion and $830 billion respectively.
Facebook warned about a margin hit as revenue growth slows and user privacy costs climb, and its 20 percent share drop heightened focus on the online retailer, already a closely watched stock.
Excluding the fine, the tech giant would have had USD 32.6 billion in revenue and a profit of $8.2 billion.
Profit dipped 9.3 per cent to $3.2 billion in the second quarter after accounting for the EU fines, the company said.
Conservative Republicans in Congress have criticized social media companies for what they claim are politically motivated practices in removing some content, a charge the companies have rejected.
The letter by Democratic Senator Mark Warner follows a disclosure earlier this week by Facebook that it had partnerships with Chinese telecom companies.
According to a report in Investor's Business Daily late Tuesday, Microsoft had a market cap of $753 billion at the close of trading, almost $14 billion ahead of Alphabet.
Flipkart’s board has approved an agreement to sell around 75% of the company to a Walmart-led group for approximately $15 billion.
It is Google's most extensive update to software in its G Suite workplace bundle since accelerating efforts to steal business from Microsoft Corp's dominant Office workplace software suite.
The 11-year old company reported revenue of $1.11 billion in 2017, up from $844.8 million a year earlier. Its net loss nearly halved from $210.2 million in 2016.
Amazon.com became the second most valuable publicly listed US company on Tuesday, surpassing Google parent Alphabet Inc for the first time.
Guinea braced for a general strike by unions and a complete shutdown of economic activity demanded by the country's opposition.
AFP is a plasma protein that is produced in abundance by the liver cells in the foetus. In adults, AFP levels are normally low, but liver cancer can cause AFP levels to rise.