Alphabet Q3 earnings preview: AI and cloud in focus, regulatory concerns grow

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 73 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 63%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Google parent Alphabet will report its Q3 earnings after the bell on Tuesday.

) will report its third-quarter earnings after the bell on Tuesday, giving Wall Street its first big look at the health of the digital advertising market for the quarter. The report will also provide fresh insights into whether Google’s recent AI advancements are driving revenue for the company’s cloud and enterprise businesses.

Google CEO Sundar Pichai speaks at the Google I/O conference in Mountain View, Calif., Tuesday, May 8, 2018. Google has been pouring money into its generative AI efforts after being caught off guard by Microsoft, which began rolling the technology into its products in February after investing in AI company OpenAI. Since then, Google has debuted a host of generative AI products for both its consumer and enterprise businesses, as it seeks to regain its standing as Silicon Valley’s AI leader.

Google, however, is facing a slew of regulatory problems. Not only is it battling the DOJ over its search and ad businesses, the European Commission is also working to break up the company’s ad segment. Then there’s Japan’s antitrust watchdog, which is investigating whether Google asked smartphone makers to favor search products over competing services,is the tech editor at Yahoo Finance. He's been covering the tech industry since 2011.

Kevin Paffrath slammed Elon Musk's comments on Tesla's third quarter earnings call in an interview with Yahoo Finance this week.Air Canada 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.

Home buyers are backing out of deals at the highest rate in a year as surging mortgage rates slam the housing market

 

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:

 /  🏆 47. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

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

Meta, Alphabet, Amazon, Microsoft highlight earnings barrage: What to know this weekBig tech takes center stage at a crucial time for markets as rising bond yields and fear of further Fed tightening have sent stocks lower in recent weeks.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »