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Alphabet sets profit record, plans $50 billion buyback By Reuters

By Paresh Dave and Subrat Patnaik (Reuters) - Google parent Alphabet (NASDAQ:GOOGL) Inc on Tuesday reported record profit for the second consecutive quarter and a $50 billion share buyback but warned a surge in usage and ad sales during the pandemic may slow as people resume in-person activities. With online consumer activity remaining elevated in the first quarter, Alphabet beat analysts' revenue estimates and nearly surpassed the sales record it set in the fourth quarter. Google ad sales jumped 32% in the first quarter compared with a year ago, above expectations of analysts tracked by Refinitiv....

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Texas Instruments Earnings, Revenue beat in Q1 By Investing.com

Texas Instruments (NASDAQ:TXN) reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations. Texas Instruments announced earnings per share of $1.85 on revenue of $4.29B. Analysts polled by Investing.com anticipated EPS of $1.58 on revenue of $3.99B. Texas Instruments shares are up 15% from the beginning of the year and are trading at $185.00 , down-from-52-week-high.They are outperforming the Nasdaq 100 which is up 8.32% from the start of the year. Texas Instruments shares lost 2.74% in after-hours trade the report. Texas Instruments follows other major Technology sector earnings...

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Amgen Earnings, Revenue miss in Q1 By Investing.com

Amgen (NASDAQ:AMGN) reported on Tuesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations. Amgen announced earnings per share of $3.7 on revenue of $5.9B. Analysts polled by Investing.com anticipated EPS of $4.03 on revenue of $6.27B. Amgen shares are up 10% from the beginning of the year and are trading at $243.50 , down-from-52-week-high.They are under-performing the Dow Jones which is up 11.04% from the start of the year. Amgen shares lost 4.56% in after-hours trade the report. Amgen follows other major Healthcare sector earnings this month ...

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Starbucks Earnings beat, Revenue misses In Q2 By Investing.com

Starbucks (NASDAQ:SBUX) reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations. Starbucks announced earnings per share of $0.62 on revenue of $6.67B. Analysts polled by Investing.com anticipated EPS of $0.5306 on revenue of $6.78B. Starbucks shares are up 10% from the beginning of the year and are trading at $114.70 , down-from-52-week-high.They are under-performing the Dow Jones which is up 11.04% from the start of the year. Starbucks shares lost 1.25% in after-hours trade the report. Starbucks follows other major Services sector earnings this month ...

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U.S. trade chief Tai, Britain’s Truss discussed WTO reform in call -UK By Reuters

WASHINGTON (Reuters) - U.S. Trade Representative Katherine Tai and British Trade Secretary Liz Truss discussed the need for substantive progress in reforming the World Trade Organization and other key issues during a call on Tuesday, their offices said. The two officials, who last spoke in March, also discussed "the role of trade in combatting climate change, tough action on market-distorting industrial subsidies and the Airbus Boeing (NYSE:BA) dispute," the British embassy said in a statement about the meeting. Both Tai and Truss welcomed the outcome of a meeting of Group of Seven (G7) trade ministers...

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British inventor Dyson denies inappropriate conduct over texts to PM Johnson By Reuters

LONDON (Reuters) - The British billionaire James Dyson denied acting inappropriately for seeking tax assurances from Prime Minister Boris Johnson to work on a project to manufacture ventilators in the early days of the coronavirus pandemic. In his first public comments since Johnson faced scrutiny over the interaction with the opposition Labour Party calling for an investigation into lobbying, Dyson said it was untrue he tried to "extract favours from the prime minister". The BBC reported that Dyson had asked the finance ministry for no change in the tax status of his staff coming to Britain...

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AMD Earnings, Revenue beat in Q1 By Investing.com

AMD reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations. AMD announced earnings per share of $0.52 on revenue of $3.45B. Analysts polled by Investing.com anticipated EPS of $0.4357 on revenue of $3.18B. AMD shares are up 10% from the beginning of the year and are trading at $88.00 , down-from-52-week-high.They are under-performing the Dow Jones which is up 11.04% from the start of the year. AMD shares gained 3.27% in after-hours trade the report. AMD follows other major Technology sector earnings this month AMD's report follows...

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Maxim Earnings, Revenue beat in Q3 By Investing.com

Maxim (NASDAQ:MXIM) reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations. Maxim announced earnings per share of $0.82 on revenue of $665M. Analysts polled by Investing.com anticipated EPS of $0.7406 on revenue of $637.3M (NYSE:MMM). Maxim shares are up 9.33% from the beginning of the year and are trading at $96.92 , down-from-52-week-high.They are under-performing the S&P 500 which is up 11.47% from the start of the year. Maxim follows other major Technology sector earnings this month Maxim's report follows an earnings beat by Microsoft on...

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Illumina Earnings, Revenue beat in Q1 By Investing.com

Illumina reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations. Illumina announced earnings per share of $1.89 on revenue of $1.09B. Analysts polled by Investing.com anticipated EPS of $1.39 on revenue of $996.36M. Illumina shares are up 2% from the beginning of the year and are trading at $417.88 , down-from-52-week-high.They are under-performing the S&P 500 which is up 11.47% from the start of the year. Illumina shares gained 1.05% in after-hours trade the report. Illumina follows other major Technology sector earnings this month Illumina's report follows...

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Chubb Earnings Inline, Revenue beats In Q1 By Investing.com

Chubb (NYSE:CB) reported on Tuesday first quarter earnings that matched analysts' forecasts and revenue that topped expectations. Chubb announced earnings per share of $2.52 on revenue of $8.22B. Analysts polled by Investing.com anticipated EPS of $2.52 on revenue of $8B. Chubb shares are up 8% from the beginning of the year and are trading at $166.60 , down-from-52-week-high.They are under-performing the S&P 500 which is up 11.47% from the start of the year. Chubb follows other major Financial sector earnings this month Chubb's report follows an earnings beat by JPMorgan on April...

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