What Alphabet and Microsoft are saying about A.I. on their earnings calls

  • 📰 CNBC
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Second-quarter earnings season brought artificial intelligence frontrunners Alphabet and Microsoft head to head one again.

Second-quarter earnings season brought heavyweight technology giants and artificial intelligence frontrunners Alphabet and Microsoft head to head in an all too familiar match up. But despite ongoing confidence in their capabilities from Wall Street and the investing community, both offered a hint of caution when highlighting upcoming plans for their AI expansion.

mountain Alphabet shares in 2023 Both Alphabet and Microsoft have spearheaded the effort, facing off with competing chatbots early in the year. Many analysts and investors looked to this quarterly results for insight into their AI monetization plans and a check in on their progress. However, both companies mentioned rising costs or a slower-than-expected ramp, as these plans and products play out.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dow strives for 12th day of gains as Microsoft and Alphabet earnings loomU.S. stock futures rose early Tuesday as earnings season picked up pace and traders looked ahead to the Fed decision midweek.
Source: MarketWatch - 🏆 3. / 97 Read more »

Stock Market Today: What to Watch Ahead of Alphabet, Microsoft EarningsStock futures were steady ahead of a slew of earnings due later from big names such as Google parent Alphabet, Microsoft and Visa. Follow the latest markets updates.
Source: WSJ - 🏆 98. / 63 Read more »

U.S. stocks were rising as Microsoft and Alphabet kick off tech earnings By Investing.com*U.S. STOCKS INCH HIGHER AS MICROSOFT AND ALPHABET KICK OFF TECH EARNINGS, FED MEETING BEGINS $DIA $SPY $QQQ $MSFT $GOOGL 🇺🇸🇺🇸
Source: Investingcom - 🏆 450. / 53 Read more »

Stocks making the biggest moves after hours: Microsoft, Alphabet, Snap, Teladoc and moreThese are the stocks posting the largest moves in extended trading.
Source: CNBC - 🏆 12. / 72 Read more »