CNBC's Deirdre Bosa reports on a potential crack in Google's dominance.

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.
January Jobs Week continues this morning, even as we're only just closing out the month today. Private-sector payrolls reported by Automatic Data Processing ( ADP ) came in below estimates: 107K versu
We've now spent a full six months sub-200K private-sector job gains per month.

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.
Signs of a soft economic landing and hopes for an aggressive Fed rate cut campaign have helped the S&P 500 finish higher in 12 of the last 13 weeks. Come Friday's closing bell, will it be 13 of 14?
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.
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