Bank of America expects Alphabet to report first-quarter revenue of $92 billion and earnings per share of $2.69, slightly above consensus. Growth is driven by AI integration in search and cloud services, with search revenue up 18% and cloud growth accelerating to 49%. The company’s operating margin is forecast to improve due to cloud profitability gains, despite some pressure in core segments. Investors will focus on Q2 guidance and competition from Meta and Microsoft, with potential upside from AI investments and recent acquisitions like Wiz.
In June, Google maintained steady user growth with 2.2 billion daily active users, while AI competitors Claude and Gemini saw sharp increases, growing 9% and 7% respectively. Gemini added the most daily users, gaining 8 million, followed by ChatGPT a...
The market is expected to stay stable and range-bound during the summer doldrums, with limited movement after struggling to surpass previous highs. Hyperscaler capital expenditures (capex) are anticipated to be the main driver for stock performance, ...
Google's parent company Alphabet is increasing its investment in artificial intelligence, which has supported strong business results despite a 7% decline in its shares over the past month. The company is expected to report its Q2 earnings on July 22...
Mark Lanier won a landmark $6 million verdict against Meta and Google, proving their platforms were designed to be addictive and harmful to children's mental health. The case, led by a young plaintiff named Kaley, exposed internal documents showing d...
