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Stockreport

Microsoft, Alphabet earnings show AI is more than just hype [Yahoo! Finance]

Alphabet Inc. - Class C Capital Stock (GOOG)  More Company Research Source: Yahoo! Finance
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
That generative artificial intelligence is here and companies are spending on it, says both Baird Technology Desk Sector Strategist Ted Mortonson and RBC Capital Markets Software Equity Analyst Rishi Jaluria. "The commentary out of both Google and Microsoft, I think, tells us that there is real demand for AI... there's actual money being put behind this. It's not just hype. It's not just people talking about it. There's actual capital being put to work," Jaluria tells Yahoo Finance's Morning Brief. Mortonson agrees. "We are going through, really, a generational infrastructure build," Mortonson says, adding that both Microsoft and Alphabet have an "advantage" because their "data center footprint already exists." Jaluria notes that investors "will be patient" with Microsoft's big spending on infrastructure as long as the company's AI-related businesses continue to show growth. As to why investors were less happy about Meta's ( META AI spending, Mortonson thinks it may come down to [Read more]
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Stockreport

Microsoft, Alphabet earnings show AI is more than just hype [Yahoo! Finance]

Alphabet Inc. - Class C Capital Stock  (GOOG) 
More Company Research Source: Yahoo! Finance
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
That generative artificial intelligence is here and companies are spending on it, says both Baird Technology Desk Sector Strategist Ted Mortonson and RBC Capital Markets Software Equity Analyst Rishi Jaluria. "The commentary out of both Google and Microsoft, I think, tells us that there is real demand for AI... there's actual money being put behind this. It's not just hype. It's not just people talking about it. There's actual capital being put to work," Jaluria tells Yahoo Finance's Morning Brief. Mortonson agrees. "We are going through, really, a generational infrastructure build," Mortonson says, adding that both Microsoft and Alphabet have an "advantage" because their "data center footprint already exists." Jaluria notes that investors "will be patient" with Microsoft's big spending on infrastructure as long as the company's AI-related businesses continue to show growth. As to why investors were less happy about Meta's ( META AI spending, Mortonson thinks it may come down to [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