7 days ago
Google just reported the biggest quarterly profit in its history — but roughly two-thirds came from gains on investments rather than its main businesses.
Alphabet, Google's parent company, reported $112.1 billion in profit for the three months ending in June. That's nearly four times the $28.2 billion it made a year earlier. About $77.1 billion of that total came from gains on investments that had largely risen in value on paper, but not yet sold for cash.
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#billion #profit #Investments #actually
Alphabet, Google's parent company, reported $112.1 billion in profit for the three months ending in June. That's nearly four times the $28.2 billion it made a year earlier. About $77.1 billion of that total came from gains on investments that had largely risen in value on paper, but not yet sold for cash.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
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Millionaires under 43 hold only 25% of their wealth in stocks. Here's where their money is actually going
#billion #profit #Investments #actually
8 days ago
A cold Diet ***** e—sometimes paired with a shot of espresso—has become one of social media's favorite afternoon rituals. Gen Z even gave it a nickname: the "fridge cigarette." That's why it was so strange when Coca-Cola introduced a new font that eerily resembled an iconic one straight out of the cigarette world.
"Coke and Marlboro had a baby—and it's a font!," one X user wrote after seeing the company's updated typography. Others echoed the comparison, saying Coca-Cola's refreshed typography looked strikingly similar to Marlboros, in a case of reality imitating memes. Still others wondered whether the company had unintentionally leaned into the internet's "fridge cigarette" joke.
"Is Coca Cola rebranding like that because we all started calling 'em fridge cigarettes???," another fan questioned.
Coca-Cola said the refresh was designed to create "one iconic look" across more than 200 markets by updating its packaging and typography.
"This refresh is about being clearer and more consistent in how we show up, wherever people experience our brand," Arnab Roy, president of Coca-Cola Global Category, said in a statement on Monday. "By building on the things people already know and love, we're creating a stronger foundation for growth while staying unmistakably Coca-Cola."
#cola #fridge
"Coke and Marlboro had a baby—and it's a font!," one X user wrote after seeing the company's updated typography. Others echoed the comparison, saying Coca-Cola's refreshed typography looked strikingly similar to Marlboros, in a case of reality imitating memes. Still others wondered whether the company had unintentionally leaned into the internet's "fridge cigarette" joke.
"Is Coca Cola rebranding like that because we all started calling 'em fridge cigarettes???," another fan questioned.
Coca-Cola said the refresh was designed to create "one iconic look" across more than 200 markets by updating its packaging and typography.
"This refresh is about being clearer and more consistent in how we show up, wherever people experience our brand," Arnab Roy, president of Coca-Cola Global Category, said in a statement on Monday. "By building on the things people already know and love, we're creating a stronger foundation for growth while staying unmistakably Coca-Cola."
#cola #fridge
8 days ago
Nvidia Corporation's (NVDA) reported decision to delay the launch of its RTX 50 Super due to soaring GDDR7 memory prices may seem like bad news for the GPU market, but it could create an unexpected opportunity for Micron Technology (MU). According to Wedbush, the delay highlights just how tight the memory market has become, reinforcing the pricing power of memory suppliers like Micron rather than signaling weakening demand.
The reported issue is not with Nvidia's GPU chips themselves but with the cost of the new 3GB GDDR7 memory modules used in the upgraded graphics cards. Industry reports suggest these chips now cost roughly three times as much as traditional 2GB modules, making it difficult for Nvidia and its board partners to launch new products without significantly increasing retail prices. So, Nvidia has allegedly postponed the rollout despite hardware already being ready for distribution.
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Walmart Stock's Extended Downturn Could Trigger a Possible Comeback
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The reported issue is not with Nvidia's GPU chips themselves but with the cost of the new 3GB GDDR7 memory modules used in the upgraded graphics cards. Industry reports suggest these chips now cost roughly three times as much as traditional 2GB modules, making it difficult for Nvidia and its board partners to launch new products without significantly increasing retail prices. So, Nvidia has allegedly postponed the rollout despite hardware already being ready for distribution.
Dear ****** eX Stock Fans, Mark Your Calendars for July 23
The Biggest Risk to ****** eX Stock Comes After Earnings. Here Are The Numbers You Should Keep An Eye On.
Walmart Stock's Extended Downturn Could Trigger a Possible Comeback
#delay
9 days ago
Our ****** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Performance was driven by accelerated demand for large-scale projects across diverse verticals including data centers, LNG terminals, airports, and hospitals.
Specialty rental revenue grew by 25% year-over-year, validated by the 'one-stop shop' strategy where complex projects require higher service levels and diverse ****** et classes.
Record time utilization and 3.4% fleet productivity enabled the company to outpace original growth expectations despite a relatively flat local market environment.
Management attributed margin resilience to proactive cost discipline in labor, R&M, and delivery, successfully offsetting inflationary pressures and fuel cost headwinds.
#projects #year #cost #specialty
Performance was driven by accelerated demand for large-scale projects across diverse verticals including data centers, LNG terminals, airports, and hospitals.
Specialty rental revenue grew by 25% year-over-year, validated by the 'one-stop shop' strategy where complex projects require higher service levels and diverse ****** et classes.
Record time utilization and 3.4% fleet productivity enabled the company to outpace original growth expectations despite a relatively flat local market environment.
Management attributed margin resilience to proactive cost discipline in labor, R&M, and delivery, successfully offsetting inflationary pressures and fuel cost headwinds.
#projects #year #cost #specialty
