It's a big day for Google, and not just because the Pixel 5 is now available and the Pixel 4a 5G is up for pre-order. In fact, today's success probably has nothing to do with Pixels at all. Google parent company Alphabet just reported its third-quarter financial results, and numbers are looking good. So good, stocks are up 11% today.
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This story was originally published and last updated .
OnePlus is a genuinely innovative smartphone company, and we don't just mean hardware: its OxygenOS Android skin is our favorite of all the currently available flavors, and that's generally because OnePlus adds genuinely useful things plain old Android doesn't have. Stock Android is definitely great, too, but Google's hesitance to add too many fresh new features—even exclusive ones on its Pixel phones—can be a little frustrating, especially when it's something as basic as toggling what icons appear in the status bar. Some useful features from OnePlus phones, like theming and scrolling screenshots, have already made their way to stock, the latter being a part of Android 11.
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Google and Google Assistant's relationship with stocks has been messy, to say the least. Even though you can add stocks and view your portfolio in the Assistant's settings, you can't ask it to tell you what your shares are at without integrating third parties. But there's some movement, as the Google app has begun sending out neatly bundled daily stock notifications to some people, giving them an overview of how their investments are doing.
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Fitbit has been on a rollercoaster of success and uncertainty since releasing their first step tracker all the way back in 2007, and now the fitness tech icon may be looking for a potential buyer. This comes after Fitbit cut its 2019 revenue forecast after sales of its newest wearables (namely the Versa Lite) were below expectations.
In the wake of a record $5 billion EU antitrust fine, Google parent company Alphabet was still able to post a 25% increase in revenue at the end of Q2 (against that same period last year). Financial results for the third quarter of 2018 are in and despite strong profits, Alphabet missed its targets and share prices fell somewhat.
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Facebook just experienced the largest one-day loss in market value in the history of the United States, thanks to new GDPR regulations and the recent Cambridge Analytica scandal. Twitter isn't doing great either, as the company's stock dropped 21% following the quarterly earnings report.
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Most of our readers should probably be familiar with MoviePass—if not for the company's movie ticket-accessing subscription service, at least for its presence in the news for the last few days. If you'll recall, MoviePass owners Helios and Matheson Analytics Inc. recently performed a reverse-split for the company's shares to drive up stock prices, but not with much success. More recently, everyone's favorite $6.95 a month service ran into a bit of a snag last night, resulting in a date night-stopping outage. Turns out, that's because the company literally just ran out of money. After borrowing $5 million to turn the lights back on, stock for the parent company took a nosedive to $1.98 (at the time of writing), down 70% over the last 24 hours.
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Facebook has been an omnipresent part of American news for what seems like all of 2018, and rarely with a positive connotation. Based on the company's recent second-quarter financials, Facebook has a more conservative outlook on the future, expecting revenue growth to decline in the coming years. The company is quick to externalize blame for this, pinning its expectations for the decrease on currency markets projections and pesky privacy-enhancing regulations like GDPR.
In an understandable development at the announcement, Facebook's stock has taken a tremendous nosedive, down nearly 20% at peak.
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Google parent company Alphabet just announced financial results for the first quarter of 2018, and the news is good across the board. The company took in a whopping $31.15 billion over the three-month period ending March 31st, which is a 26% increase of Q1 of 2017. After expenses, Google had $9.4 billion in net income for Q1.
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