Tag: Alphabet earnings

Wall Street questions Big Tech's AI spending as Microsoft and Meta face investor scrutiny over soaring capex, cash flow pressure and AI returns. (Photo by ANGELA WEISS / AFP) (AFP)
Posted in Business

Why Wall Street is questioning big tech’s AI spending ahead of Microsoft and Meta earnings

Wall Street is becoming less convinced that Big Tech’s huge AI spending will pay off soon. Investors now want proof that billions of dollars being…

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Alphabet CEO Sundar Pichai. Google Search ads brought in $56.6 billion in sales in July-September, as “search instance share losses to ChatGPT have moderated”. (Bloomberg)
Posted in Business

Google Cloud, Gemini power Alphabet earnings as ‘AI now driving real business’| Business News

Alphabet Inc. sales topped quarterly Wall Street estimates, fueled by a surge in demand for its cloud and AI services. Shares rose as much as…

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