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Alphabet Boosted by AI, Cloud Demand

Alphabet jumps as AI-driven spending fuels cloud revenue surge

Alphabet shares rose more than 3% in early trading on Thursday as the Google parent's earnings underscored a key message to investors: AI spending is climbing, but so are the returns.

Bloomberg on MSN · 1d

Alphabet Boosted by AI, Cloud Demand as Spending Needs Jump

Alphabet Inc. said demand for artificial intelligence products boosted quarterly sales, and now requires an extreme increase in capital spending — heightening pressure on the company to justify the cost of keeping up in the AI race.

The Financial Times · 1d

Alphabet profits jump 20% on strength in ad and cloud units

Alphabet’s second-quarter profits topped estimates as the parent company of Google showed strong growth in its advertising and cloud computing divisions, while it boosted its spending plans on artificial intelligence to $85bn this year.

Alphabet, Wall Street

Associated Press News on MSN · 9h

Asian shares retreat after Alphabet and AI stocks nudge Wall Street to more records

Asian shares retreated on Friday after Wall Street inched to more records as gains for Alphabet and artificial-intelligence stocks helped offset a steep tumble for EV-maker Tesla. Japan’s Nikkei 225 fell 0.

MarketWatch · 1d

Alphabet's stock falls, as its earnings beat isn't enough for Wall Street

Alphabet posted its second-quarter earnings after Wednesday's closing bell, beating on the headline numbers. Investors will be focused on the state of the search business as AI answers become more prevalent,

Reuters · 1d

Wall St futures mixed as investors weigh Alphabet, Tesla earnings

U.S. stock index futures were mixed on Thursday as investors assessed earnings from Alphabet and Tesla while focusing on progress in trade deals between the U.S. and its top partners.

Alphabet, Google

Investopedia on MSN · 21h

What Google Parent Alphabet's AI Spending Boost Says About Big Tech Earnings Next Week

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.

CNBC on MSN · 1d

CNBC Daily Open: Alphabet spends more on AI — but also earns more from it

Investors seem confident that the investment in AI can finally be properly monetized and translate into higher revenue.

The Wall Street Journal · 1d

Alphabet Earnings: Is AI Killing Google Search?

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

Google Search is readying the next generation for AI: Morning Brief

Whether the internet Google helped create will be sacrificed in the AI transition isn't answerable in a tidy summary.

21mon MSN

Should You Forget Tesla and Buy These 2 Artificial Intelligence (AI) Stocks Right Now?

Tesla’s star is fading -- here’s why two AI powerhouses with stronger growth and better valuations deserve your attention ...

17hon MSN

Alphabet CEO Sundar Pichai hits billionaire status as stock nears all-time high

Most leaders in the tech industry owe their wealth to founding equity stakes in their platforms, which Google’s Sundar Pichai ...

Alphabet Q2: Decimates The Bear Case, Likely The Cheapest Mag 7 Stock

Alphabet is trading at a significant discount to peers despite superior profitability and growth outlook. Click here to see ...

3don MSN

Alphabet will seek to reassure investors as AI rivals step up competition

Alphabet , faced with unprecedented threats from AI rivals, will be keen to assure investors this week that the company's own ...

Breakfast News: Alphabet's AI Costs Soar

"The price to the AI show keeps climbing for hyperscalers": Fool chief investment officer Andy Cross noted Alphabet's capital ...

22h

Alphabet: You'll Regret Not Getting On The AI Train

Alphabet Inc.'s Q2 highlights AI-driven growth and cloud profitability. Click for our updated look at GOOGL earnings and the ...

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