Big Tech falls short on AI revenue expectations

12:21pm, Wednesday, 31'st Jan 2024
AI has been at the center of investor hopes for boosting revenues in Big Tech earnings reports. However, following the latest quarterly results, tech giants like Alphabet (GOOG, GOOGL), Advanced Micro
Investors are finding flaws in earnings, but the long-term growth story for search, YouTube, and the cloud are still intact.

Google's first Africa cloud region now operational

10:46am, Wednesday, 31'st Jan 2024
Google has today said its cloud region in South Africa is operational, coming a year after the tech giant picked Johannesburg as its first site in Africa.

Alphabet Stock Dips After Ad Revenue Falls Short

10:42am, Wednesday, 31'st Jan 2024
Shares of Alphabet Inc   (NASDAQ:GOOGL) are pulling back sharply after the Big Tech powerhouse and Google parent's  fourth-quarter earnings report.
Microsoft Corp (NASDAQ: MSFT) and Alphabet Inc (NASDAQ: GOOGL) have sharply rallied in the trailing twelve months but a Morgan Stanley analyst is convinced both still have significant room to the upsi
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Its shares have slipped, but Alphabet, the parent of Google and YouTube, saw several price-target increases after earnings.
Stock futures were mixed in premarket trading Wednesday as Google-parent Alphabet's shares tumbled in early trading following a good—but not quite good enough—quarterly earnings report.
Google parent Alphabet's Inc.'s fourth-quarter results could spell good news for Amazon.com Inc. and Meta Platforms Inc. who are on deck this week, according to Wedbush analyst Dan Ives.
Nvidia's hardware model will eventually lead to a drop in demand. Alphabet's subscription model is far more sustainable.
The software titan's value has set expectations high, but the latest results show clear momentum.
Tech giants on Tuesday talked up how customers are lapping up their generative AI-powered products, but mounting costs of developing the cutting-edge features irked investors hoping for a big boost to

Will Oracle Be Worth More Than Alphabet by 2030?

06:10am, Wednesday, 31'st Jan 2024
Oracle's stock has more than doubled over the past five years. Oracle's recent growth is largely driven by its cloud-based expansion.
Alphabet shares slid close to 6% in premarket trading Wednesday. The losses came after the Google owner posted earnings for the last three months of 2023.
Although Alphabet's advertising revenue came up short of analyst estimates, it still grew quite well. In the meantime, a couple of the company's non-advertising businesses are experiencing robust grow
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