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KQED Nightly Business Report October 23, 2015

Back. The Dow Jones Industrial average soared 320 points to 17,489. The nasdaq ros 79. And the s p 500 gained 33. And that optimism could extend into tomorrow after a trifecta of positive tech earnings from microsoft, amazon, and googles parent company, alphabet, were released late today. Lets start with alphabet. Starts with the letter a, after all. The Company Reported earnings per share of 7. 35, 14 cents better than expectations. Revenue also Beat Estimates and was 13 higher than last year. The company said the number of clicks on ads shown on its website grew more than 20 . It also announced a 5 billion buyback. That sent shares higher in initial afterhours trading. With the new Corporate Structure, shareholders may be in for some bigger changes when the Company Releases its next earnings report. And as josh lipton reports, it could bolster the case for the alphabet bulls. Reporter when google cofounder larry page explained why he created alphabet, he said one reason was to build

KQEH Nightly Business Report October 23, 2015

The Dow Jones Industrial average soared 320 points to 17,489. The nasdaq rose 79. And the s p 500 gained 33. And that optimism could extend into tomorrow after a trifecta of positive tech earnings from microsoft, amazon, and googles parent company, alphabet, were released late today. Lets start with alphabet. Starts with the letter a, after all. The Company Reported earnings per share of 7. 35, 14 cents better than expectations. Revenue also Beat Estimates and was 13 higher than last year. The company said the number of clicks on ads shown on its website grew more than 20 . It also announced a 5 billion buyback. That sent shares higher in initial afterhours trading. With the new Corporate Structure, shareholders may be in for some bigger changes when the Company Releases its next earnings report. And as josh lipton reports, it could bolster the case for the alphabet bulls. Reporter when google cofounder larry page explained why he created alphabet, he said one reason was to build a cle

KQED Nightly Business Report October 23, 2015

The Dow Jones Industrial average soared 320 points to 17,489. The nasdaq rose 79. And the s p 500 gained 33. And that optimism could extend into tomorrow after a trifecta of positive tech earnings from microsoft, amazon, and googles parent company, alphabet, were released late today. Lets start with alphabet. Starts with the letter a, after all. The Company Reported earnings per share of 7. 35, 14 cents better than expectations. Revenue also Beat Estimates and was 13 higher than last year. The company said the number of clicks on ads shown on its website grew more than 20 . It also announced a 5 billion buyback. That sent shares higher in initial afterhours trading. With the new Corporate Structure, shareholders may be in for some bigger changes when the Company Releases its next earnings report. And as josh lipton reports, it could bolster the case for the alphabet bulls. Reporter when google cofounder larry page explained why he created alphabet, he said one reason was to build a cle

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