Both tech companies are funding massive AI buildouts and could see strong long-term returns from these investments. But one ...
Alphabet (GOOG +0.75%) (GOOGL +0.66%) doesn't get the same respect as its big tech peers. These stocks all trade at a premium to the market, as measured by the S&P 500 (^GSPC +0.55%), while Alphabet ...
Google LLC’s parent company Alphabet Inc. crushed Wall Street’s expectations as it delivered more than $100 billion in quarterly revenue for the first time ever, sending its stock higher in extended ...
Alphabet GOOG reported solid second-quarter earnings that included sales of $96 billion, up 14%, and operating margins of 32%, flat year over year. Google Cloud continued to increase its contributions ...
Alphabet boosts capex to $91 billion-$93 billion amid AI demand Cloud revenue grows 34%, backlog increases $49 billion in three months Shares rise 6% in after-hours trading Oct 29 (Reuters) - Strong ...
Ashkenazi noted, “At current spot rates, we could see a tailwind to our revenue in Q3. However, volatility in exchange rates could affect the impact of FX on Q3 revenue.” Regarding CapEx, Ashkenazi ...
Alphabet’s AI-driven Google Cloud has transformed from a loss-making unit into a high-margin, cash-generating growth engine. Vertical integration across Gemini models, Ironwood TPUs, and cloud ...
Profits also rose, to just under $35 billion, as Google Search proved resilient to A.I. alternatives. Profits also rose, to just under $35 billion, as Google Search proved resilient to A.I.
NEW YORK, NY, Oct 31 (Reuters) - Once a money-losing backwater, Google Cloud has become one of Alphabet's (GOOGL.O), opens new tab fastest-growing businesses, powered by massive bets on AI and years ...