Meta, Alphabet, Microsoft and Amazon leaders mentioned artificial intelligence more that 150 times in their first-quarter earning calls in April, according to a report...
Continue ReadingIn a quarter ripe with one-time adjustments, non-core FX impacts and accounting assumption changes, it is important to extract the hidden, like-for-like comparable truth behind the numbers...
Continue ReadingEarnings season is here, and Big Tech is showing some much-wanted signs of positivity. Microsoft (NASDAQ: MSFT) and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) both reported first-quarter results, and investors seemed pleased. Each company experienced heavy buying activity following the reports, along with Wall Street analysts flurrying to revise price targets...
Continue ReadingLarge U.S. technology companies are powering the broader stock market higher and vindicating many growth-stock investors who got burned in tech shares’ tumble last year...
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Continue ReadingHuman workers are out of favor and the AI bots are in as computing technology eyes the next wave of growth. Billy Duberstein (Microsoft): Sure, it's not exactly a novel pick, but Microsoft proved again why it continues to gain such respect from the market after its fiscal third-quarter earnings conference call took place last Tuesday...
Continue ReadingArtificial intelligence (AI) is having a breakout moment. With that in mind, let's review three stocks these Fool.com contributors think have the most to gain from the AI revolution: Nvidia (NASDAQ: NVDA), Upstart (NASDAQ: UPST), and Microsoft (NASDAQ: MSFT). Jake Lerch (Nvidia): To me, this choice is simple: No company has more to gain from the unfolding emergence of artificial intelligence (AI) than Nvidia...
Continue ReadingArtificial intelligence (AI) is getting a lot of attention this current earnings season. The race is on among America's largest technology companies to see who can most effectively implement the technology. Google parent Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG) started 2023 seemingly on the back foot, as its key competitor Microsoft (NASDAQ: MSFT) capitalized on its stake in the current hot AI company, ChatGPT creator OpenAI...
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Continue ReadingAll three of the three cloud services giants provided quarterly updates last week. One key trend was apparent: Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google Cloud and Microsoft's (NASDAQ: MSFT) Azure are gaining ground on Amazon (NASDAQ: AMZN) Web Services (AWS). Alphabet reported that Google Cloud revenue soared 28% year-over-year in the quarter ending March 31, 2023...
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