Stock Movers Alphabet's Earnings Beat; T-Mobile Customer Declines; Intel to Slash Workforce
Apr 25, 2025
Alphabet reports impressive earnings, with strong growth in search advertising and cloud services. Meanwhile, T-Mobile faces investor concerns after missing subscriber targets, despite healthy revenue figures. Intel's outlook darkens as it warns of a potential recession impacting chip demand, leading to job cuts and a call for cultural changes. Skechers also struggles, withdrawing financial guidance amid macroeconomic uncertainties. These tech giants navigate a challenging landscape, adapting to consumer demands and competitive pressures.
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Alphabet’s Strong Q1 Beat
- Alphabet beat revenue and profit estimates thanks to strong search advertising and Google Cloud profit.
- Its AI investments are crucial amid competition with AI startups challenging traditional search.
Intel’s Culture Shakeup Plan
- Intel’s CEO Lip-Bu Tan calls for cultural shakeup amid weak revenue forecast and tariff concerns.
- Plans include job cuts, management layer removal, and office work reinstatement to lower costs.
T-Mobile Subscriber Miss Concern
- T-Mobile missed subscriber growth expectations despite beating earnings and revenue estimates.
- The competitive and saturated wireless market pressures growth as consumers hold phones longer amid budget tightening.