Alphabet Q1 Earnings Focus on AI Monetization
by PYMNTS.com
PYMNTS.com— Come for the comments about AI. Stay for the earnings call. That will most likely be the pattern of big tech earnings over the next two weeks as companies prioritize technology over financial reporting. It was the case when Meta reported Wednesday (April 24). And it was the case for Alphabet when it reported its […]
ETtech.com—AI investments: Alphabet, Microsoft earnings show hefty AI bets are driving growth. Alphabet and Microsoft ignited a rally in technology stocks on Friday with earnings that showed big AI investments were driving growth, allaying doubts that their costly bets would take time to pay off after a soft forecast from Meta Platforms. Alphabet rose 10%, crossing $2 trillion in market value with a gain of about $180 billion as it sweetened the pot for investors with its maiden dividend and a $70 billion stock buyback. The world's fourth most valuable firm flirted with the milestone on...
Yahoo Finance—AI in focus ahead of Palantir's Q1 results after the bell. Palantir Technologies (PLTR) shares have shot up Monday morning ahead of its first-quarter earnings results due out after today's market close. Analysts will be paying extra close attention to the software developer's performance in its AI platform (AIP) segment. Catalysts Co-Hosts Seana Smith and Madison Mills weigh in on how big of a growth driver artificial intelligence stands to be for Palantir. For more expert insight and the latest market action, click here to watch this full episode of...
Yahoo Finance—Amazon Q1 earnings driven by AWS, AI innovations: Analyst. Amazon (AMZN) stock rose in extended-hours trading after its first-quarter earnings topped Wall Street estimates. CFRA Research Senior Equity Research Analyst Arun Sundaram credits the success to innovations in Amazon's e-commerce division driving improved retail margins, as well as AWS's position as a powerhouse among other cloud computing competitors. He also highlights the company's artificial intelligence initiatives, telling Julie Hyman and Josh Lipton that Amazon has a "very compelling...