By Kenrick Cai and Akash Sriram (Reuters) -Strong AI demand helped power Alphabet’s financial results, as both the core advertising and cloud computing businesses of the Google parent beat revenue expectations. Despite whispers of concerns over a developing AI bubble, the search giant boosted its projected capital expenditures for the year to between $91 billion and $93 billion. “We are …
Read More »Alphabet hikes capex again after earnings beat on strong ad, cloud demand Reuters Alphabet tops $100 billion quarterly revenue for first time, cloud grows 34% CNBC Google Revenue Soars to Record as AI Boom Lifts Cloud Business The Wall Street Journal Alphabet set to report Q3 results as Wall Street weighs AI cloud deals, Google Search competition from OpenAI Yahoo Finance YouTube Advertising Hits …
Read More »Alphabet earnings: Key takeaways as stock jumps 6% amid broad growth, capex increase (GOOG:NASDAQ) Seeking Alpha Alphabet set to report Q3 earnings after the bell Wednesday CNBC Google Revenue Soars as AI Boom Lifts Cloud Business The Wall Street Journal Alphabet tops $100B in quarterly revenue amid cloud, YouTube growth Axios Alphabet Revenue Up 16% With Strong Cloud Sales The New York Times Source link
Read More »When Sriram Krishnan, a senior White House policy advisor on artificial intelligence, appeared onstage at an event in Washington last month, he listed the Trump administration’s priorities for advancing the AI revolution. At the top of the list? More construction. “Let’s make sure we build our infrastructure,” Krishnan said. “‘Build, baby, build’ is what we tell people.” That rallying cry …
Read More »Cracks are forming in the AI capex boom, warns Morgan Stanley. What to buy and sell. MarketWatch One force is propping up the economy. Fears are growing it won’t last. The Washington Post If AI is a bubble, the economy will pop with it Reuters Jim Cramer explains why he thinks the AI boom is different than the dotcom bubble CNBC This Is How …
Read More »Intel Stock Rises on Strong Results. The CFO Expects Lower Capex Next Year. Barron’s Intel beats on revenue, issues better-than-expected forecast CNBC Intel posts higher revenue and axes European manufacturing sites Financial Times Intel (INTC) Shares Fall Ahead of Crucial Q2 Report Yahoo Finance Here’s How Much Traders Expect Intel Stock to Move After Earnings Today Investopedia Source link
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