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Alphabet "vulnerable" in recession as corporates cut advertising spend
(Alliance News) - Google parent company Alphabet disappointed with its fourth quarter results late Thursday, as investors fret about the resilience of its advertising-dependent business model during an economic downturn....
Read moreJefferies: ABB results "mixed" but focus is on missing order targets
(Alliance News) - Jefferies reiterated its 'hold' rating for ABB Ltd, after it said its mixed fourth quarter reslts will show "more support for the bears than the bulls."...
Read moreFresh US consumer, home sales data boosts soft-landing hope
(Alliance News) - Hopes of a soft-landing for the US economy were lifted by a gross domestic product beat, as well as signs that strains on consumers and the housing...
Read moreEuro on rise as traders now see ECB as more hawkish than Fed
(Alliance News) - Market participants now believe the European Central Bank to be on more hawkish footing than its US counterpart, a prospect which once seemed unlikely and a far...
Read moreCost-of-living pressures knock UK retail sales in December
(Alliance News) - UK retail sales are estimated to have unexpectedly fallen in December, according to the latest data released by the Office for National Statistics on Friday. ...
Read moreMarket welcomes Netflix leadership shakeup, as subscriber growth jumps
(Alliance News) - Investors were feeling optimistic about the change in leadership at Netflix Inc announced on Thursday, and pleasantly surprised by a jump in subscriptions as the US firm...
Read moreNew Year euphoria for stocks gives way to US economic fear
(Alliance News) - A soft landing for the US economy in the face of Federal Reserve rate hikes may be a loftier goal than investors thought at the start of...
Read moreING warns of "more bad news" as Microsoft cuts 10,000 jobs
(Alliance News) - ING on Wednesday warned that "more bad news will be coming the month ahead", as reports that Microsoft Corp will be cutting 10,000 jobs weigh in....
Read moreJust Eat Takeaway.com focus on profitability pays off but more to do
(Alliance News) - Just when Just Eat Takeaway.com NV decided to focus on achieving profit, following a pandemic-driven growth boom, the food delivery market was hit by food cost inflation...
Read moreExperian shares "may drift" in short-term, analysts warn
(Alliance News) - Experian PLC on Tuesday said it delivered a financial third-quarter performance in line with expectations, but analysts warned that the company's shares may struggle in the short...
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