Meta, Alphabet, and Microsoft earnings will be all about AI and whether one of them deserves to be on the ‘wall of worry' [Yahoo! Finance]
Alphabet Inc. - Class C Capital Stock (GOOG)
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
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Source: Yahoo! Finance
Executives from Apple Amazon Microsoft , and Alphabet have mentioned the acronym nearly 200 times in each earnings cycle since, including during the first earnings week this year in January and February. Analysts expect AI to be the central theme yet again during earnings calls for the first three months of this year, with Meta reporting on Wednesday, followed by Microsoft and Google-owner Alphabet on Thursday. But the talk from executives has shifted from “what AI can do?” to “what AI is doing?,” and all three of this week's Big Tech companies will have a different answer. For Microsoft, cloud computing platform Azure is the star of its AI portfolio, according to analysts from Goldman Sachs and Citi. Launched more than a decade ago, Azure now offers a suite of AI tools to businesses including a service that builds custom generative AI apps from existing models. Azure is “one of the best-positioned AI players” in the market and the “main lever” for Microsoft to make money on gener
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