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Published 16 days ago

Alphabet, Microsoft earnings show hefty AI bets are driving growth

Summary by Rappler
Alphabet and Microsoft ignited a rally in technology stocks on Friday, April 26, with earnings that showed big AI investments were driving growth, allaying doubts that their costly bets would take time to pay off after a soft forecast from Meta Platforms. Alphabet surged 10% and closed with a stock market value above $2 trillion for the first time, according to LSEG data, after the company sweetened the pot for investors with its maiden dividend…

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Irish IndependentIrish Independent

Microsoft and Alphabet show that AI investment bets are paying off

Both Microsoft and Google owner Alphabet sent a clear message to investors on Thursday: Our spending on artificial intelligence and cloud computing is paying off.

16 days ago·Ireland
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RapplerRappler

Alphabet, Microsoft earnings show hefty AI bets are driving growth

Alphabet and Microsoft ignited a rally in technology stocks on Friday, April 26, with earnings that showed big AI investments were driving growth, allaying doubts that their costly bets would take time to pay off after a soft forecast from Meta Platforms. Alphabet surged 10% and closed with a stock market value above $2 trillion for the first time, according to LSEG data, after the company sweetened the pot for investors with its maiden dividend…

16 days ago·Philippines
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