The Google selloff is “overdone” as focusing on the earnings report's sole blemish in cloud profits is a mistake, according to some analysts.
US stocks were mixed on Wednesday as investors digested earnings from Microsoft and Alphabet. Microsoft posted strong cloud growth and saw its stock pop, while Alphabet fell after it reported lower-th
The Dow Jones Industrial Average opened higher on Wednesday as a post-earnings rally in shares of Microsoft Corp. MSFT, +3.89% helped lift the blue-chip gauge while the S&P 500 and Nasdaq Composite su
CNBC's Steve Kovach joins 'Squawk Box' to break down the company's quarterly earnings results.
What is artificial intelligence? If you ask IBM, “at its simplest form, artificial intelligence is a field, which combines computer science and robust datasets, to enable problem-solving” while al
Analysts praised Microsoft's results and expressed optimism about the company's product pipeline, including Microsoft 365 Copilot.
Microsoft may be highly valued NASDAQ: MSFT, but the company and stock price still have plenty of room to run. Valuation, the P/E multiple, and market cap are fickle things and driven by desire, and M
The Dow looked poised to rise on Wednesday morning, defying declines in other indexes. Microsoft reported strong growth in its cloud computing business, supported by AI innovation.
We'll see if last night's earnings are enough to keep the market moving forward, or if there was reason for concern.
Against a choppy economic backdrop for the broader software industry, Microsoft Corp. is still thriving.
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.
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
This week marks a pivotal moment in the financial world as some of the globe's most influential companies unveil their quarterly earnings reports, particularly in the technology sector.

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.
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