Google surge adds to Nasdaq's record
New York - AFP
Google shares powered up 12.6 percent in opening trade Friday following a strong earnings report, boosting the Nasdaq to new record levels.
Five minutes into trade, the tech-rich Nasdaq Composite Index was at 5,189.79, up 26.61 points (0.52 percent) from Thursday's record close.
The Dow Jones Industrial Average fell 63.33 (0.35 percent) to 18,056.92, while the broad-based S&P 500 slipped 1.27 (0.06 percent) to 2,123.02.
Google's second-quarter earnings climbed two percent to $3.4 billion on an 11 percent rise in revenue to $17.7 billion, helped by strong growth in advertising on mobile platforms.
The surge lifted Google's market capitalization to around $450 billion, second only to Apple.
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Paris - Emiratesvoice
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Taipei - Emiratesvoice
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Paris - Emiratesvoice
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Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
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All rights reserved to Arab Today Media Group 2021 ©
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