However the lack of progress in Congress on another financial aid bill, the ongoing rise in coronavirus cases, and Thursday's discouraging labor market data are all factors which may limit gains.
In corporate news, shares of Apple , Amazon.com , Facebook Inc. and Google parent Alphabet Inc. were trading higher after producing better-than-expected results amid the COVID-19 pandemic. Job trouble? GOOG | Complete Alphabet Inc. Cl C stock news by MarketWatch. Alphabet (GOOG) has the following price history information. In economic data, personal spending jumped 5.6% in June, the government said Friday, after a revised 8.5% advance in May.
...[...]Facebook surge leads tech megacaps higher, but Alphabet stumbles3 Transportation Stocks to Trade Now for the Long HaulAfter Monness and Needham gave Alphabet (NASDAQ: GOOGL) a Buy rating last month, the company received another Buy, this time from Credit Suisse. Microsoft is in advanced talks to acquire the U.S. operations of the Chinese-owned video app TikTok, according to people with knowledge of the discussions, in a deal that would be a concession to White House pressure and make the software giant a major player in social media.Software giant Adobe plans to ban political ads from its digital advertising sales platform, the latest company to make such a move just months away from the U.S. presidential election.Google Parent Alphabet Sinks on Otherwise Strong Day for Big TechShares of Pinterest rose 36%, their largest single-day percentage gain since its initial public offering, after the image-sharing company posted stronger-than-expected user and revenue growth in the second quarter.Tech Earnings, Tech Testimony, Fed, GDP: What Moved Markets This Week (Video)Alphabet Stock Is Still a Winner Despite Underwhelming EarningsSocial stocks mostly calm amid Microsoft-TikTok talkAfter Monness and Needham gave Alphabet (NASDAQ: GOOGL) a Buy rating last month, the company received another Buy, this time from Wells Fargo. View daily, weekly or monthly format back to when Alphabet Inc. stock was issued. The Google segment includes its main Internet products such as ads, Android, Chrome, hardware,... Data are provided 'as is' for informational purposes only and are not intended for trading purposes. stocks opened higher Friday morning in the last day of July after Apple and Amazon delivered strong earnings and Google parent Alphabet and Facebook topped expectations. The global pandemic dealt a rare losing hand to Google’s venerable digital advertising operation, pushing revenue down compared with a year earlier for the first time in company history.Amazon, Apple, Facebook and Google all show resilience during the coronavirus pandemic while undergoing congressional scrutiny.This week’s antitrust hearing featuring Big Tech underscored the deep discontent in Congress toward giant technology companies, but also divisions about what the problems are and how to address them.Alphabet, Amazon, Apple and Facebook stole the spotlight in earnings reported after the closing bell, shattering Wall Street’s expectations with combined total profits near $30 billion.If the partisans of America’s elected leadership seem to agree on almost nothing these days, Wednesday’s Big Tech antitrust hearing was stark evidence that they do share one common target.