Tag GOOGL
Alphabet dips as Cloud revenue disappoints. Microsoft jumps as Q1 results top expectations, aided by Azure growth. UFC taps Anheuser-Busch InBev in largest-ever sponsorship deal - report...
Continue Reading
Search and YouTube grew by double digit, but Google cloudâs topline growth came down from ~28% last quarter to 22.5% this quarter...
Continue ReadingAlphabet's investments in AI, driven by Project Magi, will help counter competition from Microsoft's Bing and OpenAI's ChatGPT. Read why GOOGL stock is a Buy...
Continue ReadingStrong earnings reports for Alphabet, Microsoft and Snap come after the companies carried out mass layoffs and other cost-cutting moves...
Continue Reading
Microsoft's cloud business took off in the September quarter as long-time rival Alphabet's suffered...
Continue ReadingGoogle-parent Alphabet's cloud business suffered as long-time rival Microsoft's took off in the September quarter, demonstrating early signs that the Windows maker's investment in artificial intelligence was paying off. Alphabet's shares fell 7% in after hours trading on Tuesday...
Continue ReadingQualcomm on Tuesday gave details about a chip for Microsoft Windows-based laptops that it claims will be faster at some tasks than Apple's chips for Mac computers. Qualcomm executives said the company's new Snapdragon Elite X chip will be available in laptops starting next year and has been redesigned to better handle artificial intelligence tasks like summarizing emails, writing text and generating images. Those AI features will also factor into Qualcomm's chips for smartphones, with Alphabet's Google and Meta both saying Tuesday they plan to take advantage of them...
Continue Reading(Bloomberg) -- Alphabet Inc.’s cloud computing unit reported a smaller than expected profit, raising concerns about the company’s position in a market that is critical to its future. Shares of Alphabet fell as much as 7.2% in late trading.Most Read from BloombergIsrael Latest: US Determines Israel Wasn’t Behind Hospital BlastNobody Wants Mutual Funds NowBig Tech Earnings Whipsaw QQQ in Late Trading: Markets WrapAn Oil Giant Quietly Ditched the World’s Biggest Carbon Capture PlantChina Ousts Defe...
Continue ReadingAlphabet stock fell in after-hours trading Tuesday despite stronger-than-expected quarterly earnings from the Google parent. Earnings per share were $1.55, nine cents ahead of the consensus at $1.46 a share. Ad revenue was $59.6 billion, above the Wall Street consensus forecast of $59.6 billion...
Continue ReadingThe S&P 500 regained its 200-day line Tuesday as a market rally attempt gets started. Microsoft and Google led earnings movers late...
Continue Reading