Tag GOOGL
(Reuters) -Alphabet announced its first-ever dividend on Thursday and a $70 billion stock buybuck, cheering investors who sent the stock surging nearly 16% after the bell. The Google parent is returning capital while spending billions of dollars on data centers to catch up with rivals on generative artificial intelligence. The dividend will be 20 cents per share...
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Google's Q1 earnings beat expectations with a strong performance in Search, YouTube and Google Cloud. Read more about the results and why the stock is currently a hold...
Continue Reading(Bloomberg) -- The stakes are high as two of the biggest artificial intelligence players prepare to unveil results, a day after Meta Platforms Inc. alarmed investors with its forecast. Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityZuckerberg Asks for Patience as Meta’s AI Push Spooks InvestorsMeta’s Miss Sparks Fears in Tech With More Earnings AheadTaylor Swift Is Proof T...
Continue ReadingAlphabet Tends to Reverse or Narrow Post-Market Earnings Moves in Follow-On Regular Session...
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This leading internet company has rewarded its long-term investors with strong returns...
Continue ReadingYou'll only find seven different stocks in this billionaire's portfolio, and only one of them is a "big tech" company...
Continue ReadingInvestors appear to be losing patience with Big Tech's prodigious artificial intelligence investments this week after Meta Platforms signaled deeper spending and a long road to profitability. The concession from Meta in its quarterly report late on Wednesday cast a cloud over Microsoft and Alphabet, which will both report quarterly earnings on Thursday. Meta's stock sank 15% in extended trade after it forecast higher AI spending next year, while Microsoft was down 2%, Alphabet fell 3% and Nvidia dropped 1.4% in reaction...
Continue ReadingThe Facebook parent’s capital expenditures this year will rival outlays from Google and Microsoft, but advertising growth is slowing...
Continue ReadingGiven the high valuations, and limited growth potential, the big tech is in a bubble. Read more to see if Meta just possibly burst the bubble...
Continue ReadingShares of Meta Platforms tumble after a disappointing outlook, while IBM slumps after revenue misses analysts’ estimates. Microsoft, Alphabet, and Intel are scheduled to report earnings after the close of trading Thursday...
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