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Alphabet Frankfurt-listed shares rise after revenue estimates beat
Google parent Alphabet's Frankfurt-listed shares rose over 6% in early trade on Friday after the tech giant beat Wall Street estimates for quarterly revenue on Thursday.
Alphabet Q1 2025 Earnings Update
On an FX adjusted basis, Alphabet increased its revenue by 14% in 1Q'25 (~200 bps headwind from FX). Both Google Services and Google Cloud posted their highest ever operating margins. Google Services had another mind-boggling ~70% incremental margin quarter. If Google can maintain its recent momentum in releasing SOTA models, I think Google One can be a pretty large business for them.
Apple aims to source all US iPhones from India in pivot away from China, FT reports
Apple plans to shift the assembly of all U.S.-sold iPhones to India as soon as next year, the Financial Times reported on Friday citing people familiar with the matter, as President Donald Trump's trade war forces the tech giant to pivot away from China.
Alphabet says Waymo may offer robotaxis for personal ownership in future
Alphabet's Waymo self-driving taxis may be available for people to own in the future, CEO Sundar Pichai said on Thursday, just as electric vehicle maker Tesla gears up to roll out robotaxis this year in the United States.
