Record quarter. Well hear about alphabet. The Parent Company of google. Well tell you why they changed their name. Selfdriving cars and new phone to compete with apple. A lot of competition between these go companies. The numbers you need to know out any moment now. Melissa back to the markets, the dow ending the day down 26 points driven lower by shares of boeing and caterpillar. Ashley webster standing by at the new york stock exchange. Ashley, everybody waiting for the big event. Two of biggest names to report in few minutes. Giants. Were waiting with bated breath, amazon and google. Those stocks as you can see heading into the bell both moving down half a percent but it is all about the latest results. Well find out any second. Meanwhile, wanted to show, talking of tech, how about twitter . The latest report shows they beat on earnings and revenue. Everything is great, right . Not so much. They are cutting 9 of their global workforce. Theyre shutting down their video app vine which
Fourth Quarter Service gross margin expanded 170 basis points driven by 13% Service organic growth
Fourth Quarter Distribution gross margin expands 510 basis points to 30.3% on strength of.
Fourth Quarter Service revenue up 14.7%, Service organic revenue growth of 10.0%
Fourth Quarter Service gross profit increased 17.9%, Service gross margin expanded 90 basis. | May 22, 2023