Alphabet Boosted by AI, Cloud Demand
Digest more
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.
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 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.
NEW YORK (AP) — Wall Street is hanging near its records on Thursday, though the calm surface of the U.S. stock market is hiding some roiling moves underneath. Alphabet is rising, and Tesla is tumbling following a jumble of profit reports from big U.S. companies.
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.
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
"The price to the AI show keeps climbing for hyperscalers": Fool chief investment officer Andy Cross noted Alphabet's capital expenditure is soaring ahead of buybacks. Buyback spend this quarter reached just 0.6 times capex – last year it came in at 1.18 times.
Alphabet , faced with unprecedented threats from AI rivals, will be keen to assure investors this week that the company's own spending on the technology is helping it dig a deeper moat around its search and advertising businesses.
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
Feedback