Alphabet Boosted by AI, Cloud Demand
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Alphabet, Wall Street and new york stock exchange
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It's also likely that the pullback in ServiceNow on Friday was due to some profit-taking by opportunistic investors. The market was clearly impressed with the company's second-quarter earnings report published late Wednesday; it notched convincing beats on both the top and bottom lines, after all.
Google parent Alphabet plans to spend $10 billion more in capital expenditures this year than previously anticipated as the company works to meet surging demand for Google Cloud.
Alphabet Inc.'s Q2 earnings exceed expectations, fueled by AI-driven growth in Cloud and Search. Click for my updated look at GOOGL and why I'm still bullish.
AI upstarts were supposed to lay siege to Google’s search-engine dominance. So far, the defense is winning, writes Asa Fitch, following second-quarter results from parent company Alphabet. A: Google’s
Tesla’s star is fading -- here’s why two AI powerhouses with stronger growth and better valuations deserve your attention instead.
Alphabet , faced with unprecedented threats from AI rivals, will be keen to assure investors this week that the company's own spending on the technology is helping it dig a deeper moat around its search and advertising businesses.
Alphabet's Q2 results showed strong revenue growth across segments, with Search maintaining double-digit growth despite concerns. Learn more on GOOGL stock here.