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Alphabet's new dividend is helping reassure Meta-spooked tech investors

Alphabet is issuing its first-ever dividend. The news, plus an earnings beat and a new buyback plan…

Sarah Jackson   


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3 mins read

Meta, Amazon, and Alphabet are spending big in a battle to dominate AI. It might not end well.

Big Tech giants concede that AI is costing huge sums of money with little return on investment righ…

Lakshmi Varanasi   


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3 mins read

Alphabet's earnings show investors are impatient for the data on AI returns. No one has the answer yet.

In Tuesday's earnings call, investors repeatedly asked Alphabet execs for data about returns on AI …

Katherine Tangalakis-Lippert   


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$110 billion is wiped off Alphabet's valuation after Google owner's advertising revenues disappoint

Alphabet shares slid 6% Wednesday after the Google parent's advertising revenues fell short of Wall…

George Glover   


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Alphabet stock tumbles on mixed earnings results, but Goldman sees 25% upside ahead on AI strength

Goldman Sachs raised its price target for Alphabet stock after Tuesday's earnings call, pointing to…

Kelly Cloonan   


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2 mins read

Microsoft and Alphabet prove the AI boom has more room to run

Microsoft and Google's parent company both beat Wall Street's Q1 expectations. Their CEOs say that'…

Lloyd Lee   


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3 mins read

Amazon, Microsoft, and Alphabet are doubling down on AI for the cloud and it seems to be paying off

Amazon, Microsoft, and Alphabet have buckled down on their AI strategies, and it's paying off for t…

Aaron Mok   


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Alphabet stock surges 11% on blowout earnings and first dividend for Google owner

The S&P 500 and Nasdaq 100 are set to open higher after both Alphabet and Microsoft posted strong f…

George Glover   


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A single customer made up 19% of Nvidia's revenue last year. UBS thinks it's Microsoft.

Nvidia has a handful of unnamed customers that are making up a massive chunk of its revenue base, a…

Matthew Fox   


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Billionaire investor Stanley Druckenmiller dumped Alphabet and Amazon last quarter and piled further into AI winners Nvidia and Microsoft

Stanley Druckenmiller's Duquesne Family Office increased its stake in Microsoft, while buying call …

Filip De Mott   


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JPMorgan calls Amazon and Alphabet its 'top picks' for 2024 in bet that mega-cap tech rally will continue

"We anticipate our coverage universe [internet companies] will broadly re-accelerate revenue growth…

Matthew Fox   


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Google posts $307 bn revenue in 2023, spent billions of dollars to lay people off

Google, which spent $2.1 billion on severance and other expenses as it laid off more than 12,000 em…

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1 min read

US stocks trade mixed after mega-cap tech earnings from Microsoft and Alphabet

Of the 127 S&P 500 companies that have reported third-quarter earnings so far, 80% are beating prof…

Matthew Fox   


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Alphabet sold almost 90% of its Robinhood stake last quarter

The Google-parent sold roughly 4.3 million shares of the trading platform, and also sold 23andMe an…

Phil Rosen   


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Alphabet sees $165 billion in market cap wiped after cloud business growth disappoints Wall Street

The Google-parent was on track for its biggest one-day drop in market cap as Tuesday's earnings rep…

Phil Rosen   


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Microsoft jumps while Google owner Alphabet slips as Wall Street zeroes in on the tech giants' AI efforts

Microsoft shares climbed in premarket trading Wednesday, while Alphabet slumped as investors focuse…

George Glover   


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2 mins read

YouTube Shorts surpassed 50 billion daily views, a bright spot for Alphabet as it faces fierce competition from TikTok and declining ad revenue

YouTube Shorts recently enabled creators to generate revenue from the videos, which could bring in …

Thomas Maxwell   


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2 mins read

'Like rooting for Michael Jordan to play baseball': Here's how Wall Street is reacting to Alphabet's third-quarter earnings

"Regulatory headwinds persist, competition is dynamic, and we believe the darkest days of this down…

Matthew Fox   


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Google parent company Alphabet's revenue drops to $16.4 billion as Search & Cloud biz grow in Q1

Alphabet registered $68 billion in revenue for Q1 2022, a 23 per cent increase year-over-year. The …

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1 min read

Billionaire investor Bill Ackman's hedge fund boosts Alphabet stake as AI hype rages on

Pershing Square scooped up about $1.3 million shares of Alphabet Class A shares during the second q…

Zahra Tayeb