Microsoft, Google earnings get AI leverage

  • 📰 axios
  • ⏱ Reading Time:
  • 31 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 37%
  • Publisher: 63%

Microsoft Nouvelles

Axios License,Meta (Company),Visuals

Strong earnings jolt both tech giants a day after Meta's stock slump.

Both Microsoft and Google parent Alphabet reported strong earnings Thursday in the midst of a fierce AI race that has jolted both companies — and offered investors the hope that there's still room for these giants to grow.a day earlier when it made clear its AI investments would take time to pay off, but Microsoft and Google both found more favor with the market.

But some of tech's biggest companies have grudgingly accepted the inevitability of dividends: Both Microsoft and Apple started issuing them regularly more than a decade ago.it would start issuing dividends in its previous earnings report, on Feb. 1, and its stock took a leap. If that turns out to be as big as AI optimists believe, there will be plenty of market growth for all of them over time, no matter who ends up "winning."

Elon Musk's relatively tiny X.ai is reportedly close to raising a massive $6 billion round from leading Silicon Valley VC firms including Sequoia,

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 302. in BE
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Meta Platforms Earnings: META sinks 10% on lower Q2 revenue guidanceThis must be 'opposites' week.
La source: FXStreetNews - 🏆 14. / 72 Lire la suite »

Meta vs the FTC: Meta claims WhatsApp and Insta acquisition wasn't monopolisticIzzy, a tech enthusiast and a key part of the PhoneArena team, specializes in delivering the latest mobile tech news and finding the best tech deals. Her interests extend to cybersecurity, phone design innovations, and camera capabilities.
La source: PhoneArena - 🏆 322. / 59 Lire la suite »

Stocks making the biggest moves midday: Meta, Victoria's Secret, Microsoft, Caterpillar and moreThese are the stocks posting the largest moves in midday trading.
La source: CNBC - 🏆 12. / 72 Lire la suite »