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Alphabet-owned Google is laying off an unspecified number of employees, a company spokesperson said on Wednesday, marking the latest cuts at the technology giant as it cracks down on costs.
The unspecified number of layoffs will affect teams in the company's finance department, including its treasury and business services.
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Alphabet's (GOOGL) Google adds an animated comment count feature in the info pill section of YouTube for Android TV, strengthening YouTube's subscriber base.
Pre-market futures are up slightly at this hour. Markets look to rebound off a three-day losing streak on the S&P 500 and Nasdaq; the blue-chip Dow outperformed the field yesterday, closing +0.17%.
Late March highs -- including all-time S&P levels -- have given way to profit-taking and existential concerns.
The shocking protests included a complete takeover of Google Cloud CEO Thomas Kurian's office in Sunnyvale by workers wearing traditional Arab headscarves.
Alphabet (GOOGL) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
With strong demand and AI partnerships with Google in hand, Nvidia stock shows resilience and etches a potential breakout.
Apple's core growth engines are cooling off. Alphabet's advertising business could warm up again this year.