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Stockreport

Tech giants' market cap falls on AI doubts, high rates; Alphabet, Tesla gain [Reuters]

Alphabet Inc. - Class C Capital Stock (GOOG)  More Company Research Source: Reuters
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
Microsoft's market value plummeted by $232.5 billion, or 7.4%, ending the month at $2.89 trillion. Meta Platforms Inc also suffered a drop of $146.8 billion, or 11.9%, ending at $1.09 trillion, following a lower-than-expected revenue forecast and rising expenses associated with burgeoning AI costs. Reuters Graphics Reuters Graphics Nvidia Corp's market cap fell 4.4% to $2.16 trillion, driven by diminishing AI optimism and concerns over slowing revenue growth from competitor chipmakers, with its stock further declining on Wednesday following weak guidance from rival European luxury conglomerate LVMH saw its market cap decline by about 8% to $415.1 billion as its first-quarter sales growth slowed to 3%, with higher prices deterring consumer purchases of its high-end products. Conversely, Alphabet Inc saw its market cap surge 7.3% to $2.02 trillion, buoyed by the announcement of its first-ever dividend, a $70 billion stock buyback, and first-quarter earnings that exceeded expect [Read more]
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Stockreport

Tech giants' market cap falls on AI doubts, high rates; Alphabet, Tesla gain [Reuters]

Alphabet Inc. - Class C Capital Stock  (GOOG) 
More Company Research Source: Reuters
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
Microsoft's market value plummeted by $232.5 billion, or 7.4%, ending the month at $2.89 trillion. Meta Platforms Inc also suffered a drop of $146.8 billion, or 11.9%, ending at $1.09 trillion, following a lower-than-expected revenue forecast and rising expenses associated with burgeoning AI costs. Reuters Graphics Reuters Graphics Nvidia Corp's market cap fell 4.4% to $2.16 trillion, driven by diminishing AI optimism and concerns over slowing revenue growth from competitor chipmakers, with its stock further declining on Wednesday following weak guidance from rival European luxury conglomerate LVMH saw its market cap decline by about 8% to $415.1 billion as its first-quarter sales growth slowed to 3%, with higher prices deterring consumer purchases of its high-end products. Conversely, Alphabet Inc saw its market cap surge 7.3% to $2.02 trillion, buoyed by the announcement of its first-ever dividend, a $70 billion stock buyback, and first-quarter earnings that exceeded expect [Read more]
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GOOG
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