AI is driving divergent paths for big tech stocks

On the company's earnings call Alphabet CEO Sundar Pichai said the company is seeing "a lot of interest in AI" for the cloud segment, but revenue growth for the business area continued to slow down sequentially in Q3.

Both Microsoft and Google attributed increased capital expenditures to AI, but it was Microsoft's ability to directly attribute revenue to AI that excited Wall Street analysts. If investors leave the call ecstatic about AI, they might come back disappointed next quarter when expectations are tempered and AI projections are pushed out into future years stock got severely beaten down in the March 2020 COVID crash. Here's why it's probably not going lower. The post 1 TSX Stock Down 60% That Could Bounce Back Stronger appeared first on The Motley Fool Canada.

'This makes me so mad': Kevin Hart, Mark Cuban regret passing on the chance to invest in this multibillion-dollar company in its early stages — here's why it haunts them to this dayRated lowest margin fees by StockBrokers.com. Borrow against your securities at low cost. Rates subject to change. Your capital is at risk.Here are two of the best Canadian bank stocks you can buy on the TSX today and hold for the long term.

If AI Is Indeed the 4th Industrial Revolution, You’ll Want to Buy These Stocks Sooner Rather Than Later Home buyers are backing out of deals at the highest rate in a year as surging mortgage rates slam the housing market

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Stock market news today: Nasdaq tumbles as Google slides, Microsoft jumps after earningsThe Google parent's cloud business fell short in its earnings, spreading some gloom for megacaps already under pressure from rising yields.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Microsoft, Google, Meta, Amazon: Earnings reports to watchEarnings season is well underway and big tech is in the spotlight. Microsoft (MSFT) and Google (GOOG,GOOGL) are set to report on Tuesday. Meta (META) is...
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Microsoft stock jumps on revenue, earnings beatsMicrosoft reported its Q1 earnings after the bell on Tuesday, beating on the top and bottom lines.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Microsoft stock jumps after revenue, earnings beatsMicrosoft shares rose after the tech giant's quarterly earnings beat on the top and bottom lines.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Stock market news today: S&P 500, Nasdaq tumble as Google slidesThe Google parent's cloud business fell short in its earnings, spreading some gloom for megacaps already under pressure from rising yields.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »