Alphabet Boosted by AI, Cloud Demand
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Alphabet, Wall Street and new york stock exchange
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Some pundits are underplaying the big picture when it comes to shares of Alphabet.
Tech earnings, AI exports, and global trade deals drove Wall Street to fresh highs during a pivotal week for Alphabet, Tesla, IBM, and others.
Investors seem confident that the investment in AI can finally be properly monetized and translate into higher revenue.
JPMorgan Chase is an advertising partner of Motley Fool Money. Adam Spatacco has positions in Alphabet and Nvidia. The Motley Fool has positions in and recommends Alphabet, Goldman Sachs Group, JPMorgan Chase, and Nvidia. The Motley Fool has a disclosure policy.
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
The rise of artificial-intelligence agents could spell good news for the biggest cloud-computing providers this earnings season, as investors look for more evidence that AI is paying off financially.
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.