Alphabet updates AI spending forecast
Digest more
Alphabet Inc.’s Google inked a deal worth more than $1 billion to provide cloud-computing services to software firm ServiceNow Inc., a win for Google Cloud’s efforts to get major enterprises onto its platform.
2don MSN
Google’s AI push pays off with solid second quarter, but doubts about company’s future persist
Google’s accelerating shift into artificial intelligence helped propel its corporate parent to another quarter of solid growth while a crackdown on its internet empire looms in the background.
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.
We came across a bullish thesis on Alphabet Inc. on Stock Analysis Compilation’s Substack. In this article, we will summarize the bulls’ thesis on GOOG. Alphabet Inc.’s share was trading at $191.15 as of July 21st.
Alphabet reported strong second-quarter results, exceeding expectations with a 19% increase in earnings per share and a 14% rise in revenue. CEO Sundar Pichai highlighted the significant growth of new businesses like Cloud and YouTube,
The biggest tech companies are warring over who’s responsible for children’s safety online, with billions of dollars in fines on the line as states rapidly pass conflicting laws requiring companies to verify users’ ages.
Alphabet Inc. (NASDAQ:GOOGL) ranks among the best magic formula stocks to invest in. Robby Stein, VP of Product at Google Search, announced that Alphabet Inc.
The addition of AI Overviews to Google Search may be one reason why that business continues to show strength. It brought in more than $54.19 billion in revenue during the quarter, representing a good chunk of its overall $71.34 billion in advertising revenue. That was up 10.5% from $64.61 billion in ad sales in the same period last year.
2d
Stocktwits on MSNAlphabet Gets Price Target Boost Ahead Of Q2 Print: Retail Says ‘Google Is So Undervalued’
Alphabet Inc.(GOOGL) (GOOG) received a vote of confidence from Guggenheim as the research firm boosted its price target ahead of the tech giant’s second-quarter (Q2) earnings report. The revised target increases to $210 from the previous $190,
Google CEO Sundar Pichai dismissed concerns over AI talent losses, saying headline-making departures don't reflect Google's strong retention and continued investment in top-tier talent.
Alphabet Inc.'s Q2 saw 12% revenue growth, fueled by Google Cloud's 20.7% margins and AI adoption. Click for my updated look at GOOGL stock post earnings.