Tag: profit

  • The Block winners make $1.27 million profit as all five houses sell | The Block auction sparks sc…

    The Block winners make $1.27 million profit as all five houses sell | The Block auction sparks sc…

    Explore the latest developments concerning The Block winners.

    The Block winners make $1.27 million profit as all five houses sell

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    Queensland best friends Courtney Kain and Sevilay Keser have won the 2026 season of reality renovation TV show The Block after their house soared $1.27 million above its reserve at auction.

    The winning home at 9 Mackillop Place, Mount Eliza sold for $4.72 million to a couple buying a weekender, on a day when all five houses sold, in defiance of Melbourne’s weak property market.

    The besties will also pocket the $100,000 winner’s cheque, as well as a new prize called “Scotty’s Prize Pool” featuring a collection of cash, vehicles, luxury items, and home upgrades valued collectively at about $500,000. The Block airs on Nine, owner of this masthead.

    The Block auction sparks scrutiny as selling agency bids for buyer

    Contestants Courtney and Sev during the auction of their property on The Block.

    The Block winners Courtney and Sev’s $1.27m auction haul has raised eyebrows after the underbidder used an auctioneer from the same firm selling the home to bid for them.

    It can also be revealed that buyer effectively had two proxies in the auction room, both authorised to bid on their behalf — though for different homes.

    Courtney and Sev became the most successful contestants in the show’s history with a combined haul of $1.87m, including the value of prizes won during the show’s filming earlier in the year as well as a $100,000 bonus for the biggest sale price.

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    Everyone's a winner as Block finale sales defy market

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    The paint had dried and the tools had been packed away, but the biggest test for The Block contestants was still to come.

    After months of renovations, challenges and plenty of drama, all five teams on the Nine reality television series headed into Sunday night's auctions in Melbourne's Mount Eliza hoping their hard work would pay off.

    But no one could have predicted just how extraordinary the day would be, with Queensland best friends Courtney and Sev making The Block history by walking away with a staggering $1.87 million, including prize money.

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  • Google Profit Jumps 81% as Cloud Business Booms | Alphabet Q1 tops estimates, Google Cloud revenu…

    Google Profit Jumps 81% as Cloud Business Booms | Alphabet Q1 tops estimates, Google Cloud revenu…

    Explore the latest developments concerning Google Profit Jumps.

    Alphabet Q1 tops estimates, Google Cloud revenue soars

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    Access unlimited news content and The Canberra Times app. Premium subscribers also enjoy interactive puzzles and access to the digital version of our print edition – Today's Paper.

    Alphabet topped Wall Street estimates for quarterly revenue on ‌Wednesday, as enterprise spending on artificial intelligence delivered the best quarter of growth for its cloud unit since the start of the AI boom.

    The Google ‌parent company's total revenue rose 22 per cent to $109.9 billion in the first quarter, above an estimate of $107.2 billion, according to LSEG data.

    Shares of the company were up more than seven per cent in extended trading.

    Google-parent Alphabet soars as Meta stumbles over AI costs

    Google-parent Alphabet impressed Wall Street with its latest quarterly earnings on Wednesday, as big tech rival Meta left investors lukewarm amid concerns about the huge cost of AI development.

    The earnings — along with reports from Microsoft and Amazon — came as AI titans pump billions of dollars into cloud computing and artificial intelligence, vying to lead in technology that they insist will transform all aspects of life.

    Shares in Alphabet rose by more than six percent in after-hours trading as investors lauded the company's success in making the pivot to AI and solid revenue across its major divisions.

    The tech giant reported a profit of $62.6 billion on revenue just shy of $110 billion, easily eclipsing the same period a year earlier and beating market expectations.

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