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Alphabet misses analysts’sales targets; YouTube disappoints

Bloomberg Alphabet Inc reported quarterly revenue that missed analysts’ estimates, and new sales numbers on YouTube also disappointed Wall Street, sending the shares down more than 4% in extended trading. Overall revenue, excluding payments to partners, was $37.6 billion in the fourth quarter, less than analysts’ projections of $38.4 billion, according to data compiled by Bloomberg. Advertising revenue in the ...

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Trump administration clears way for new currency tariffs

Bloomberg The Trump administration is going ahead with controversial new rules that would clear the way for the US to start applying punitive tariffs on goods from countries accused of having undervalued currencies, the Commerce Department said. The move would give new muscle to US complaints about currency manipulation that have in the past targeted economies like China and Japan ...

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Elon Musk starts decade with a $13.5 billion gain

Bloomberg Jeff Bezos is still the world’s richest person by a comfortable margin, thanks to Amazon.com Inc’s January surge that added $9 billion to his net worth. But no one, not even Bezos, is having as good a start to the decade as Tesla Inc Chief Executive Officer Elon Musk. On February 3, shares of the electric-vehicle maker surged 20% ...

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