Shares of Alphabet Inc. GOOGL GOOG rose sharply in today's pre-market trading the company posted upbeat results for its first quarter. Google parent Alphabet said its first-quarter revenue increased 15% year-over-year to $80.539 billion, beating the consensus estimate of $78.594 billion. The company reported quarterly earnings of $1.89 per share, beating analyst estimates of $1.51 per share.
Open FlipOnline gaming startup Winzo saw its consolidated operating revenue zoom nearly 3X to INR 673.94 Cr in the financial year ended March 31, 2023 (FY23). The Delhi NCR-based gaming major reported an operating revenue of INR 233.89 Cr in the previous fiscal year. Despite the increase in operating revenue, WinZO’s net loss zoomed 1.9X to INR 710.15 Cr in FY23 from INR 370.1 Cr in the previous fiscal yr.
Open FlipThe yen’s relentless decline continued in the wake of the Bank of Japan keeping its key interest rate unchanged, with the currency touching a fresh 34-year low versus the dollar. It weakened 0.3% to 156.18 as of 1:39 p.m. in Tokyo. The extended slump has heightened speculation that authorities may intervene in the market as soon as today, with further risks to come later.
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