Alphabet Boosted by AI, Cloud Demand
Digest more
Alphabet shares rose more than 3% in early trading on Thursday as the Google parent's earnings underscored a key message to investors: AI spending is climbing, but so are the returns.
Alphabet’s DeepMind outpaces rivals with talent retention, mission focus, and innovation powered by strong financials and AI. Find out why GOOG stock is a buy.
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.
Finding bargains in the artificial intelligence (AI) investing world isn't easy, but they're out there. Three that I've got my eye on are Taiwan Semiconductor ( TSM 1.60%), Adobe ( ADBE -0.25%), and Alphabet ( GOOG 0.45%) ( GOOGL 0.54%).
Alphabet's undervaluation, strong fundamentals and growth in Google Cloud and AI offer long-term upside. Read here for more on GOOG stock.
Asian shares are lower after Wall Street inched to more records as gains for Alphabet and artificial-intelligence stocks offset a steep tumble for EV-maker Tesla
JPMorgan Chase is an advertising partner of Motley Fool Money. Adam Spatacco has positions in Alphabet and Nvidia. The Motley Fool has positions in and recommends Alphabet, Goldman Sachs Group, JPMorgan Chase, and Nvidia. The Motley Fool has a disclosure policy.
Wall Street inched to more records on Thursday as gains for Alphabet and artificial intelligence stocks helped make up for Tesla's steep tumble.
AI upstarts were supposed to lay siege to Google’s search-engine dominance. So far, the defense is winning, writes Asa Fitch, following second-quarter results from parent company Alphabet. A: Google’s
Wall Street inched to more records Thursday as gains for Alphabet and artificial-intelligence stocks helped make up for Tesla’s steep tumble. The S&P 500 added 0.1% to its all-time high set the day before.
Feedback