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Stockreport

Investors still trust Google more than Meta when it comes to spending their money on AI [CNBC]

Alphabet Inc. - Class C Capital Stock (GOOG)  More Company Research Source: CNBC
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
But Wall Street applauded Google's parent while punishing Meta, a reflection on how investors view their AI strategies. Both companies reported better-than-expected revenue and the strongest growth in years. Meta and Alphabet both beat expectations in their earnings reports on Wednesday, each recording their fastest growth in years. They also lifted their guidance for capital expenditures for the year, telling investors that they're going to keep pouring money into artificial intelligence infrastructure. But despite their similarly upbeat results, Wall Street had very different reactions. Alphabet shares popped 7% in extended trading, while Meta's stock fell It's the continuation of a theme that's hampered Meta throughout much of the generative AI boom. While Alphabet and fellow hyperscalers Microsoft and Amazon all have massive cloud infrastructure businesses, allowing them to turn their AI investments into revenue, Meta has no such offering. That makes AI spending a harde [Read more]
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Stockreport

Investors still trust Google more than Meta when it comes to spending their money on AI [CNBC]

Alphabet Inc. - Class C Capital Stock  (GOOG) 
More Company Research Source: CNBC
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
But Wall Street applauded Google's parent while punishing Meta, a reflection on how investors view their AI strategies. Both companies reported better-than-expected revenue and the strongest growth in years. Meta and Alphabet both beat expectations in their earnings reports on Wednesday, each recording their fastest growth in years. They also lifted their guidance for capital expenditures for the year, telling investors that they're going to keep pouring money into artificial intelligence infrastructure. But despite their similarly upbeat results, Wall Street had very different reactions. Alphabet shares popped 7% in extended trading, while Meta's stock fell It's the continuation of a theme that's hampered Meta throughout much of the generative AI boom. While Alphabet and fellow hyperscalers Microsoft and Amazon all have massive cloud infrastructure businesses, allowing them to turn their AI investments into revenue, Meta has no such offering. That makes AI spending a harde [Read more]
IMPACT SNAPSHOT
EVENT TIME:
GOOG
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS