Alphabet shares surged in Friday's premarket after a blowout earnings report for the Google owner. Microsoft racked up more modest gains after doubling down on its AI spending spree.
Google parent Alphabet, flush with cash, will pay its first-ever dividend, joining rival Meta and other tech titans such as Apple and Microsoft.
The Google parent posted earnings ahead of expectations, helped in part by AI-driven demand for cloud computing.
Record-high capital expenditures come as both core businesses are performing well.
CrowdStrike's industry-leading endpoint and cloud security services have fueled its success. The company has a long history of deploying AI to detect and repel even the most advanced security threats,
Google's parent Alphabet on Thursday trounced revenue and profit expectations for the first quarter of this year, causing shares to leap more than 12 percent.
Microsoft and Google showed investors that heavy artificial intelligence investment can pay off with rising revenue, allaying concerns raised a day earlier by Meta, which said its expensive foray into
Bob O'Donnell, Technalysis president and chief analyst, discusses Alphabet's first-ever dividend and $70 billion buyback, saying it's "yet another sign of
Microsoft and Alphabet reported quarterly earnings that beat Wall Street's expectations. Their CEOs said that their profits are in part thanks to their companies' investments in AI.
Shares in Google parent Alphabet (GOOGL) soared more than 11% in extended trading Thursday afternoon, after a trifecta of good news for investors—its first-ever dividend, an eye-watering stock buyba
After Google parent Alphabet (GOOGL) reported first-quarter results Thursday that blew past analysts' estimates, executives spoke in its earnings call about how the company expects to expand artificia
Alphabet's revenue jumped 15% in the first quarter and profit in the company's cloud business more than quadrupled.
Alphabet Inc.'s surprise issuance of its first dividend is now putting the pressure on Amazon.com Inc. to follow suit, as it is now the last of the Big Tech companies that does not pay its shareholder
Big gains in the after-market for Snap, Alphabet and Microsoft may keep the trading week in the green.

Alphabet Q1 Earnings Focus on AI Monetization

06:40pm, Thursday, 25'th Apr 2024
Come for the comments about AI. Stay for the earnings call.
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