(Bloomberg) -- Google parent Alphabet Inc. is showing an expensive foray into artificial intelligence is starting to pay off, delivering better-than-expected sales for its cloud-computing business and driving more usage of its flagship search engine.Most Read from BloombergNY Transit Agency Takes Next Step on Brooklyn-Queens Rail LinkThere Will Soon Be No Meatpackers Left in NYC’s Historic Meatpacking DistrictA South Korean City Plays Matchmaker to Tackle a Fertility CrisisInside NYC’s Playbook...
Continue Reading“There is a platform out there that you might not have heard about, but you need to know about it because, in my opinion, we are behind the eight ball here. A child is gone. My child is gone.”...
Continue ReadingGoogle-parent Alphabet (GOOG, GOOGL) and chip giant Advanced Micro Devices (AMD) both reported their respective earnings results after Tuesday's market close. The Big Tech earnings train continues with Magnificent Seven members Microsoft (MSFT) and Meta Platforms (META) to come out with results after the bell today. Eli Lilly (LLY) shares tumble in pre-market trading after missing third quarter earnings estimates and cutting its guidance as sales of GLP-1 weight-loss drugs fall short of Wall Street expectations. Initial readings on US GDP (gross domestic product) see expansions of 2.8% in the third quarter, just shy of economist estimates for a 2.9% quarter-over-quarter rise. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan...
Continue ReadingStrong Alphabet Earnings Underpin Investor Sentiment as US Equity Futures Tread Water Pre-Bell...
Continue ReadingShein will now feature a slew of items from The Children's Place, with the goal of meeting Gen Z and Millennial parents where they already shop...
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Continue ReadingGoogle's strong growth, driven by AI, Search advertising and Cloud revenue, topped analyst estimates. Read more about recent quarterly results from GOOG here...
Continue ReadingAlphabet saw a 5.8% after-market pop post-earnings, challenging our SID Sell signal driven by technical and fundamental analysis. Seeking Alpha and Wall St. analysts rate the stock a Buy...
Continue ReadingMeta will report its Q3 earnings after the bell on Wednesday...
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