The world’s largest home improvement retailer, Home Depot (HD), posted its 1Q17 earnings on May 16, 2017. The company posted adjusted earnings per share of $1.67.
On May 12, Alphabet was trading at an EV-to-EBITDA multiple of ~12.9x.
Glassdoor’s Andrew Chamberlain noted that the gender pay gap could stem from Google having more males than females in highly paid positions.
On May 12, 2017, Alphabet (GOOGL) generated investor returns of 30.1% on a trailing 12-month basis.
India’s online food-ordering industry registered a 150% increase in sales between 2015 and 2016, according to consulting firm RedSeer.
Companies such as Johnson & Johnson (JNJ), Verizon (VZ), and AT&T (T) suspended their advertisements on YouTube after it emerged that those ads were showing next to inappropriate content.
Alphabet’s (GOOGL) Google could soon introduce an ad-blocking feature in its Chrome browser.
Alphabet’s co-founders, Larry Page and Sergey Brin, took home just $1.00 each in total compensation for the year, the same as in 2015.
Alphabet posted advertising revenues of $21.4 billion in 1Q17, accounting for 86.3% of its total revenues in the quarter.
Research firm A.T. Kearney estimates that the market for autonomous driving systems could be worth $282 billion by 2030 and could nearly double to $560 billion by 2035.
Google’s Chromebooks emerged as the most widely used education tool in the classroom, with 42.4% of teachers favoring it. In comparison, 14.8% of teachers cited PC laptops and 12.8% cited PC desktops.
Alphabet’s (GOOGL) Google is planning to produce 40 original films this year as part of its digital video buildout.
A Berlin court is referring to the European Court of Justice a dispute pitting Google against more than 40 German publishers, according to Reuters.
Of Google’s $24.8 billion in revenues in 1Q17, advertising contributed $21.4 billion, or ~86.3% of the company’s total revenues.
According to eMarketer, 35.6 million Americans could interact with a voice-controlled device such as Google Home or Echo at least once a month this year.
AWS is the world’s largest cloud computing platform, controlling an ~31.0% share of the global market.
Alphabet’s Verily generates revenues by licensing its technologies to healthcare companies and medical institutions. Alphabet hinted in 2016 that Verily as a business is profitable on a “cash basis.”
As of May 15, JCPenney was trading at a 12-month forward PE multiple of 9.3x. The multiple fell 13.4% on May 12, the day JCP announced its fiscal 1Q17 results.
In fiscal 1Q17 (ended April 29), JCPenney (JCP) was able to deliver an improved gross margin despite the 3.7% decline in its sales.
JCPenney (JCP) disappointed investors yet again in 1Q17 by delivering lower-than-expected sales of $2.71 billion, missing the analysts’ estimates.