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Alphabet Boosted by AI, Cloud Demand

TheStreet on MSN · 8h

Alphabet's cloud margins expand despite higher AI investments

Though Google Cloud is dominating headlines for its surprising outperformance, Alphabet’s core ad business remains robust. Google Search brought in revenue of $54.19 billion for the quarter, growing 12% year over year, while YouTube Ads revenue jumped 13% to $9.8.

Bloomberg on MSN · 1d

Alphabet Boosted by AI, Cloud Demand as Spending Needs Jump

Alphabet Inc. said demand for artificial intelligence products boosted quarterly sales, and now requires an extreme increase in capital spending — heightening pressure on the company to justify the cost of keeping up in the AI race.

The Financial Times · 1d

Alphabet profits jump 20% on strength in search and cloud units

Alphabet posted another quarter of double-digit growth in revenue and profit, as the search giant’s efforts to integrate artificial intelligence start to bear fruit and demand for cloud computing surged.

Alphabet, Wall Street and new york stock exchange

The Press Democrat · 17h

Asian shares retreat after Alphabet and AI stocks nudge Wall Street to more records

Asian shares are lower after Wall Street inched to more records as gains for Alphabet and artificial-intelligence stocks offset a steep tumble for EV-maker Tesla.

The Daily News · 16h

Alphabet and AI stocks nudge Wall Street to more records

Wall Street inched to more records Thursday as gains for Alphabet and artificial-intelligence stocks helped make up for Tesla’s steep tumble. The S&P 500 added 0.1% to its all-time high set the day before.

The Associated Press on MSN · 1d

A rally for Alphabet helps offset Tesla's tumble and nudges Wall Street to more records

Gains for several big tech companies helped nudge U.S. indexes to more records even as most stocks in the market fell. The S&P 500 edged up 0.1% Thursday to another all-time high. The Nasdaq composite gained 0.

2h

Alphabet's AI Fightback: A Long-Term Bet At A Discount

Alphabet's undervaluation, strong fundamentals and growth in Google Cloud and AI offer long-term upside. Read here for more ...

28m

Alphabet sees increase in net profit, says recently launched AI Mode on Google 'going well' in India

The company’s revenue grew 14 per cent year-over-year to $96.4 billion, largely fueled by strong Google Cloud sales. The ...

1don MSN

What Google Parent Alphabet's AI Spending Boost Says About Big Tech Earnings Next Week

Google parent Alphabet plans to spend $10 billion more in capital expenditures this year than previously anticipated as the ...

8h

Alphabet Is Shifting From An Alpha Bet To Tech's Best Stalwart

Alphabet Inc.'s $85B AI capex is backed by a $106B cloud backlog, showcasing tangible ROI. Click for my updated look at GOOGL ...

1d

Alphabet Earnings: Is AI Killing Google Search?

AI upstarts were supposed to lay siege to Google’s search-engine dominance. So far, the defense is winning, writes Asa Fitch, ...

3don MSN

Alphabet will seek to reassure investors as AI rivals step up competition

Alphabet , faced with unprecedented threats from AI rivals, will be keen to assure investors this week that the company's own ...

15h

Alphabet: Too Cheap Given The AI Potential

Alphabet Inc.'s Q2 earnings exceed expectations, fueled by AI-driven growth in Cloud and Search. Click for my updated look at ...

16hon MSN

Should You Forget Tesla and Buy These 2 Artificial Intelligence (AI) Stocks Right Now?

Tesla’s star is fading -- here’s why two AI powerhouses with stronger growth and better valuations deserve your attention ...

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