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Alphabet Boosted by AI, Cloud Demand

Alphabet Boosted by AI, Cloud Demand as Spending Needs Jump

Alphabet Inc. said demand for artificial intelligence products boosted quarterly sales, and now requires an extreme increase in capital spending — heightening pressure on the company to justify the cost of keeping up in the AI race.

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Alphabet's cloud margins expand despite higher AI investments

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Alphabet Stock Rises on Strong Results, Boosted Capital Spending

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Alphabet profits jump 20% on strength in search and cloud units

Alphabet’s second-quarter profits topped estimates as the parent company of Google showed strong growth in its advertising and cloud computing divisions, while it boosted its spending plans on artific...

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Alphabet: Too Cheap Given The AI Potential

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Alphabet: Who Said Search Can't Still Be Sexy?

Alphabet: You'll Regret Not Getting On The AI Train

Alphabet Inc.'s Q2 highlights AI-driven growth and cloud profitability. Click for our updated look at GOOGL earnings and the initiatives that make it a Buy.

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Alphabet Inc. (GOOGL): “I Got It Wrong,” Admits Jim Cramer

We recently published 9 Stocks Jim Cramer Discussed As He Commented On Big Tech. Alphabet Inc. (NASDAQ:GOOGL) is one of the stocks Jim Cramer recently discussed. Alphabet Inc. (NASDAQ:GOOGL)’s shares,

Stocktwits on MSN2d

Analysts Hail Alphabet’s Cloud Surge, AI Push, Sparking Bullish Retail Buzz

Wall Street is convinced that Alphabet Inc.’s (GOOGL) (GOOG) rapid strides in cloud computing and artificial intelligence (AI) are reshaping its growth narrative. JPMorgan revised its price target on Alphabet shares to $232 from $200 while maintaining an ‘Overweight’ rating,

Alphabet CEO Sundar Pichai Hails ‘Standout’ Q2 as AI Drives Growth Across Divisions

Alphabet CEO Sundar Pichai praises a standout Q2 driven by AI-powered growth across divisions, with Google Search and Cloud showing strong momentum and boosting revenue.

Alphabet beats earnings targets, but investors worry about increased AI spending

The addition of AI Overviews to Google Search may be one reason why that business continues to show strength. It brought in more than $54.19 billion in revenue during the quarter, representing a good chunk of its overall $71.34 billion in advertising revenue. That was up 10.5% from $64.61 billion in ad sales in the same period last year.

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Google’s AI push pays off with solid second quarter, but doubts about company’s future persist

Google’s accelerating shift into artificial intelligence helped propel its corporate parent to another quarter of solid growth while a crackdown on its internet empire looms in the background.

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What Google Parent Alphabet's AI Spending Boost Says About Big Tech Earnings Next Week

Google parent Alphabet plans to spend $10 billion more in capital expenditures this year than previously anticipated as the company works to meet surging demand for Google Cloud.

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Alphabet tops Q2 estimates with 14 percent revenue jump as AI ambitions and legal challenges define future

Alphabet Inc. reported strong second-quarter earnings, exceeding Wall Street's expectations with a 14 percent revenue increase to $96.4 billion. Driven by growth in advertising and cloud businesses, the company is investing heavily in AI infrastructure.

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Why Google may have just kicked off a new wave of the AI spending rush

Analysts note new tax provisions could be giving the large technology companies more flexibility to invest in chips and other AI infrastructure.

Sundar Pichai Joins Billionaire Club — But Missed Out On Another Billion By Selling Alphabet Stock Early

Sundar Pichai's fortune could have increased by a billion dollars had he chosen to hold onto Google shares sold over the past decade.