Microsoft, Google earnings get AI leverage

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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,

 

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