Microsoft shares climbed 4% in premarket trading after a strong quarterly earnings report. Alphabet slipped 7% as revenue for its cloud division fell short of Wall Street's expectations.
Nancy Tengler, CEO and CIO of Laffer Tengler Investments, discusses Microsoft and Alphabet's earnings reports and her expectations for Meta's results.
7:00am: Nasdaq expected to open lower after mixed results US stocks are expected to open mixed, with tech stocks on the back foot as investors reflect on results from Google owner, Alphabet and Micros
Microsoft is outstripping Alphabet in the race to make money from generative artificial intelligence through early bets on OpenAI and focus on big clients, raising worries that the Google parent could

Microsoft Gets Another Leg Up on Google in AI Race

06:00am, Wednesday, 25'th Oct 2023
Google's cloud business is slowing and weighing on earnings, while Microsoft's Azure is shaking off a slump.
Microsoft's Azure impressed where Google Cloud disappointed and the reason behind the divergence looks to be in artificial intelligence.
U.S. stock futures were mixed early Wednesday as a sharp decline in Alphabet shares counteracted a jump in Microsoft following earnings.
Google's digital advertising sales growth accelerated during the summer, advancing a recent revival that helped its corporate parent Alphabet Inc. to deliver a quarterly profit that exceeded analysts'

Alphabet Cloud revenue miss sends stock tumbling

03:51am, Wednesday, 25'th Oct 2023
Google parent Alphabet Inc (NASDAQ:GOOG) (Alphabet Inc (NASDAQ:GOOG)) saw its shares slide overnight as investors took fright at a slower-than-forecast growth in its cloud arm. Revenue and earnings
Alphabet's investments in AI, driven by Project Magi, will help counter competition from Microsoft's Bing and OpenAI's ChatGPT. The use of advanced AI capabilities will lead to more personalized exper
Google released its Q3 earnings on Tuesday that largely beat Wall Street's expectations, although a miss on cloud revenue sent its stock sliding in after hours trading.
Microsoft Corp. and Alphabet Inc. both reported mostly strong results Tuesday, but the disparate reactions from investors showed that Wall Street only cares about artificial intelligence right now.
Google turned 25 this year. The tech giant, now a stem of parent company Alphabet, is hitting the quarter century mark in a new era of innovation demarcated by the generative artificial intelligence (
It comes nearly a year after a spur in AI hype.
Alphabet Inc. (NASDAQ:GOOG ) Q3 2023 Earnings Call Transcript October 24, 2023 4:30 PM ET Company Participants Jim Friedland - Director of Investor Relations Sundar Pichai - Chief Executive Officer Ph
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