Both companies are spending big on AI, but Google’s diversified business and cost discipline could help it pull ahead ...
Happy numbers galore. Net income rose 33% to nearly $35 billion, while earnings per share jumped 35% to $2.87.
By Kenrick Cai NEW YORK, NY (Reuters) -Once a money-losing backwater, Google Cloud has become one of Alphabet's ...
Wall Street's optimism around Alphabet is rooted mainly in one reason. Unlike previously predicted, artificial intelligence ...
Alphabet delivered its first-ever $100 billion revenue quarter, as AI has become the engine driving growth across nearly ...
Four of the biggest U.S. technology companies flagged plans this week to accelerate capital spending over the next year but ...
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Artificial intelligence is so essential to the three-year bull market in US stocks that updates on spending and progress ...
Alphabet CFO Anat Ashkenazi shared on the third-quarter earnings call that the company recorded $24.46 billion of free cash ...
The Wall Street Journal is reporting that the biggest firms in Silicon Valley have invested $400 billion into artificial intelligence technology just this year. Tech companies like Meta, Alphabet, ...
Elevated levels of artificial-intelligence capital expenditures, and the associated depreciation and amortization costs, ...
Silicon Valley’s mega AI spending spree isn’t slowing down anytime soon. But Wall Street’s patience to see a return might be wearing a little thin.