The Google parent posts earnings ahead of expectations, helped in part by AI-driven demand for cloud computing...
Continue ReadingNvidia stock was rising early on Friday, as the latest earnings reports from big technology companies showed continued investment in artificial-intelligence infrastructure. Nvidia shares were up 1.6% at $839.60 in premarket trading. Microsoft and Google-parent Alphabet emphasized their investment in AI technology in earnings reports on Thursday and their chief executives specifically noted their use of Nvidia chips in earnings calls with analysts, although both CEOs said they were using in-house chips as well...
Continue ReadingSnap sees up to 18% revenue growth in current quarter, stock rockets. Alphabet jumps as YouTube, search drive revenue beat. Microsoft jumps as Azure continues strong growth, aided by AI...
Continue ReadingGoogle's strong Q1 earnings and dividend announcement make its undervalued shares attractive, with potential for further growth. Read more on GOOG stock here...
Continue ReadingWhile Alphabet's stock price used to embed some tension and debate about Search's future, following the after-hours rally, it appears that the stock is finally priced as an AI winner...
Continue ReadingGoogle parent Alphabet just announced a quarterly dividend — adding to the S&P 500. But don't get your hopes too high...
Continue ReadingAsia's market spotlight on Friday falls on the Bank of Japan's policy announcement, as the cat-and-mouse game of when or if Tokyo intervenes in the currency market continues, and investors digest the latest U.S. mega tech earnings reports. The BOJ decision and guidance from Governor Kazuo Ueda top the regional calendar, which also includes Tokyo consumer price inflation for April, producer price inflation from Australia and industrial production from Singapore...
Continue ReadingAsia's market spotlight on Friday falls on the Bank of Japan's policy announcement, as the cat-and-mouse game of when or if Tokyo intervenes in the currency market continues, and investors digest the latest U.S. mega tech earnings reports. The BOJ decision and guidance from Governor Kazuo Ueda top the regional calendar, which also includes Tokyo consumer price inflation for April, producer price inflation from Australia and industrial production from Singapore...
Continue ReadingMicrosoft and Google jumped on earnings late after the market rally attempt showed resilience Wednesday amid Meta's sell-off...
Continue ReadingShares of both Alphabet and Microsoft are soaring after the companies reported strong numbers...
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