The Latest Breaking News from Alphabet

U.S. stocks closed sharply higher on Wednesday, with the Dow Jones jumping more than 400 points. Here is the list of some big stocks moving higher in the previous session.

CHICAGO — Google has agreed to buy the soon-to-be-renovated James R. Thompson Center in heart of the Loop, a victory for Chicago’s central business district and for Illinois Gov. J.B. Pritzker as he seeks reelection and fends off criticism over recent high-profile corporate departures.

Investors who bought stocks during the COVID-19 market crash in 2020 have generally experienced some big gains in the past two years. But there is no question some big-name stocks performed better than others since the pandemic bottom.

The US central bank is doubling down on fighting the highest inflation in over 40 years.

The Dow Jones Industrial Average rallied 130 points Wednesday ahead of the Federal Reserve's interest-rate decision.

A dovish Fed, alongside stronger-than-expected outlooks from Microsoft and Google, have stocks trading firmly higher into the Wednesday close.

Google-parent Alphabet reported Tuesday its profit and revenue slipped as the internet giant's long sizzling ad revenue growth cooled, but the market seemed relieved the news wasn't worse. Big tech firms are grappling with multiple problems, from inflation to the war in Ukraine, and results in general for the quarter…

A cautious ad sales outlook, alongside modestly firmer second quarter revenues, has Google stock leading pre-market gainers Wednesday.

Stock futures higher as fed decision looms; Powell comments in focus as markets look for new rate signals; Microsoft leaps as bullish outlook offsets Q4 earnings miss; Google powers higher as earnings defy ad market gloom and Visa beats Q2 earnings forecast, sees no signs of spending slowdown.