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Alphabet set to report first-quarter results after market close [CNBC]
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
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US:NASDAQ Investor Relations: abc.xyz/investor
Wall Street is expecting Alphabet to report a second straight quarter of year-over-year revenue growth in the low teens. While that marks an acceleration from the prior few quarters, the numbers are in comparison to some of Google's weakest reports on record. The generative artificial intelligence boom has forced Google to reckon with changing consumer behavior in terms of how they access information online, and has pushed the company to make sure it doesn't fall behind OpenAI and Microsoft in developing new technology and features. Google has been reorganizing to try and stay ahead in the AI arms race as more users move away from traditional internet search. In February, Google introduced its AI image generator, which the company pulled after users discovered inaccuracies that went viral online. The mishap followed several other product launch mistakes in Google's effort to get tools and services out the door. Prabhakar Raghavan, a senior vice president who oversees search a
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