Alphabet Rises, T-Mobile Falls, Intel Drops on Bleak Outlook
On this episode of Stock Movers:- Alphabet (GOOGL) shares rise after the company reported first-quarter revenue and profit that exceeded analysts' expectations, driven by strength in its search advertising business. Google Cloud brought in operating profit of $2.18 billion, beating analysts’ estimates for $1.94 billion despite slightly missing expectations on sales. The results indicate that Google may be eking out more profits from Cloud even as sales slow. - T-Mobile (TMUS) shares drop after the company reported new mobile-phone subscribers that missed expectations. The weaker…
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