Google parent company Alphabet on Thursday reported a quarterly loss of $3 billion as it set aside $11 billion for taxes on its overseas profits being brought back to the United States.
Google parent Alphabet on Thursday reported a 29 percent jump in quarterly profit to $5.4 billion, lifted by strong revenue growth at the internet giant.
Google parent Alphabet on Thursday reported its quarterly profit climbed 27 percent to $5.1 billion, boosted by mobile and video advertising revenue.
The Republican tax plan seems about to hand a bow-tied holiday gift to some of America's richest multinational companies, from Apple and Microsoft to Google's parent Alphabet: Tens of billions in tax breaks on profits they've parked...
Microsoft on Wednesday reported a hefty loss in the past quarter, as it set aside billions of dollars for taxes on profits it expects to bring back to the United States following passage of a major tax overhaul.