Tag GOOGL

Musk bids farewell to Twitter brand, blue bird logo; Barbie and Oppenheimer combine for 2023’s best Box Office weekend, and other news to start your day...

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Microsoft, Google-owner Alphabet, Amazon.com and Meta Platforms — companies that are together valued at over $6 trillion — are set to report earnings this week and the next, in what will be a test for their hefty valuations and the broader market rally they have driven thanks to optimism over artificial intelligence. "We're really only looking for metrics that point to ramping user traction for AI-based offerings, with the idea being that they will generate more meaningful revenue in the medium-term," Canaccord Genuity analyst Kingsley Crane said. For Amazon, Microsoft and Alphabet — the three biggest players in the cloud market — the April-June quarter is expected to mark another period of dismal growth in the business that has long been a cash cow...

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Nvidia, Alphabet, Meta, Snap and Microsoft are part of Zacks Earnings Preview...