Microsoft and Google earnings: Why Microsoft jumped and Google slumped when both beat hopes

대한민국 뉴스 뉴스

Microsoft and Google earnings: Why Microsoft jumped and Google slumped when both beat hopes
대한민국 최근 뉴스,대한민국 헤드 라인

Investors’ sullen response to Alphabet reporting the GDP of a small country as quarterly revenue, while Microsoft rose says a lot about the market’s AI fixation.

  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 51 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 90%

It’s a sure sign of AI tunnel vision when Google’s owner Alphabet can report the GDP of a small country in quarterly revenue, claim double-digit growth, beat profit expectations and yet be greeted by investors with a shrug and thumbs down.

But all investors were looking at was the cloud performance of each business: Google’s cloud unit recorded revenue of $US8.41 billion, up 22 per cent. That was dwarfed by Microsoft’s Azure cloud business, which grew 28 per cent, with the business unit containing it hitting $US24.3 billion in revenue.Microsoft and Alphabet are trying to add artificial intelligence to everything they do.

That worries investors who see it as a sign of AI weakness. Microsoft’s rapid growth, by contrast, will result in a larger market share.During an earnings call on Tuesday, Microsoft chief executive Satya Nadella said his company was winning more customers for Azure via “OpenAI API’s as leading AI start-ups use OpenAI to power their AI solutions.”

Alphabet’s position is tougher. Take search: it has to embed AI results into its results in a way that consumers like, while maintaining just as many ads, and delivering balanced perspectives on topics as controversial as the Israel-Palestine conflict.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

FinancialReview /  🏆 2. in KR
 

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

‘Cyber shield’ to be key part of $5b Microsoft investment in Australia‘Cyber shield’ to be key part of $5b Microsoft investment in AustraliaPrime Minister Anthony Albanese will reveal the plans on the first day of his US visit, promising new jobs in fields such as cloud computing and AI.
더 많은 것을 읽으십시오 »



Render Time: 2025-01-12 02:10:02