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Alphabet Inc. (GOOG)

173.89

+15.94

(+10.09%)

As of 11:52 AM EDT. Market Open.

Microsoft, Alphabet earnings show AI is more than just hype

Both Alphabet (GOOG, GOOGL) and Microsoft (MSFT) posted quarterly results that topped Wall Street estimates. The big takeaway from both reports? That generative artificial intelligence is here and companies are spending on it, says both Baird Technology Desk Sector Strategist Ted Mortonson and RBC Capital Markets Software Equity Analyst Rishi Jaluria. "The commentary out of both Google and Microsoft, I think, tells us that there is real demand for AI... there's actual money being put behind this. It's not just hype. It's not just people talking about it. There's actual capital being put to work," Jaluria tells Yahoo Finance's Morning Brief. Mortonson agrees. "We are going through, really, a generational infrastructure build," Mortonson says, adding that both Microsoft and Alphabet have an "advantage" because their "data center footprint already exists." Jaluria notes that investors "will be patient" with Microsoft's big spending on infrastructure as long as the company's AI-related businesses continue to show growth. As to why investors were less happy about Meta's (META) AI spending, Mortonson thinks it may come down to "a game of positioning." "Meta was extremely crowded going into the print. There's some people that, quite frankly, didn't like some of the unprofitable spend," Mortonson says. He believes that Meta is "very attractive" given how hard the stock was hit by its results, but the Microsoft does have a "huge advantage" due to its enterprise business. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Stephanie Mikulich.

Yahoo Finance Video 1 hour ago

GOOG
+10.09%
MSFT
+2.60%
META
-0.56%
PCE reading, Microsoft, Alphabet jump on earnings: Yahoo Finance

Investors are digesting the Fed's preferred inflation measure after the release of the Personal Consumption Expenditures (PCE) index.Big Tech is coming to the rescue on Wall Street. Microsoft (MSFT) and Alphabet (GOOGL, GOOG) are jumping following their latest earning reports. Both companies topped expectations and were helped by their AI businesses. The news comes after a rough day for stocks, with a weaker-than-expected GDP report and earnings from companies such as Meta (META), sending markets deep in the red. Today, we will hear from big names, including ExxonMobil (XOM), Chevron (CVX), Colgate-Palmolive (CL), and AbbVie (ABBV). Yahoo Finance trending tickers include Intel (INTC), Snap (SNAP), and Roku (ROKU). Key guests include:9 a.m. ET - Brian Rose -UBS Global Wealth Management Senior US Economist10:40 a.m. ET - Chris Peterson, Newell Brands CEO11:20 a.m. ET - Patrick Gelsinger, Intel CEO

Yahoo Finance Video 4 hours ago

GOOG
+10.09%
XOM

INTC
-8.40%
Alphabet stock pops off on Q1 earnings beat, cash dividend

Alphabet (GOOGL, GOOG) declares a cash dividend of $0.20 per share to investors while reporting a first-quarter earnings beat; the Google parent company topped expectations on the top and bottom lines, posting adjusted earnings of $1.89 per share (against estimates of $1.53) and $67.59 billion (against estimates of $66.07 billion). And Alphabet's stock is overjoyed, surging as high as 13% in Thursday's after-hours trading session. Yahoo Finance Markets Reporter Josh Schafer joins Julie Hyman and Jared Blikre on Market Domination Overtime to break down the tech giant's quarterly results, comparing and contrasting Alphabet's earnings performance to that of Big Tech peers such as Meta Platforms (META). For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.

Yahoo Finance Video 19 hours ago

GOOG
+10.09%
META
-0.56%
Stock Market Rebounds; Tesla, Microsoft, Google, Meta, Chipotle, GE In Focus: Weekly Review

The stock market rebounded this week fueled by big-cap earnings winners Microsoft, Tesla, Google, GE and Chipotle. Meta was a notable loser.

Investor's Business Daily 17 minutes ago

TSLA
+0.36%
META
-0.56%
GOOG
+10.09%
AI Chip Leader Arm Stock Plunges 31%, Is It A Buy Right Now?

AI chip stock Arm Holdings surged more than 152% past a recent buy point. Following that advance, is Arm stock a buy in today's stock market?

Investor's Business Daily 19 minutes ago

GOOG
+10.09%
Google Stock Jumps On Earnings Beat, Dividend, New AI 'Narrative'

Google stock soared after parent Alphabet reported first-quarter earnings and revenue that handily beat consensus estimates.

Investor's Business Daily 42 minutes ago

GOOG
+10.09%
‘AI Craze’ Powers Best Week in 2024 for Stocks: Markets Wrap

(Bloomberg) -- A rally in the world’s largest technology companies lifted stocks, with Wall Street also breathing a sigh of relief after the recent economic data did not further erode the case for rate cuts this year.Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingHuawei’s New Phone Runs Latest Version of Made-in-China ChipFed’s Preferred Core Inflation Gauge Rose at Brisk Pace in MarchUS Economy

Bloomberg 47 minutes ago

MSFT
+2.60%
GOOG
+10.09%
How Lucrative Is Alphabet's New Google Stock Dividend?

Google parent Alphabet just announced a quarterly dividend — adding to the S&P 500. But don't get your hopes too high.

Investor's Business Daily 51 minutes ago

GOOG
+10.09%
^GSPC
Surging Alphabet Stock Leads Broad-Based Tech Rally As Market Stages Recovery

The Nasdaq composite rallied sharply in the stock market today, helped by strong earnings reports from Microsoft and Google-parent Alphabet.

Investor's Business Daily 1 hour ago

GOOG
+10.09%
COMP

MSFT
+2.60%
Amazon’s Bezos, Jassy Deleted Chats Amid FTC Antitrust Probe

(Bloomberg) -- Top Amazon.com Inc. executives including founder Jeff Bezos and Chief Executive Officer Andy Jassy destroyed text messages discussing business, the Federal Trade Commission alleged, erasing evidence the agency could have used in its antitrust case against the retail giant.Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingHuawei’s New Phone Runs Latest Version of Made-in-China ChipFed’

Bloomberg 1 hour ago

AMZN
+3.39%
GOOG
+10.09%
Alphabet Heads to a $2 Trillion Market Cap for the First Time. The Google Parent Just Overtook Nvidia.

The Google parent posts earnings ahead of expectations, helped in part by AI-driven demand for cloud computing.

Barrons.com 1 hour ago

GOOG
+10.09%
NVDA
+4.98%
Forget Nvidia And Google. Only One AI Stock Pulled This Off.

Outshining AI giants Nvidia, Meta and Google, HubSpot has secured placement on three premier stock screens.

Investor's Business Daily 1 hour ago

HUBS

NVDA
+4.98%
GOOG
+10.09%
Cash Dividend Powers Alphabet Stock to Its Best Day Since 2015

Google parent Alphabet is having its best day on the stock market since before it became Alphabet. The stock was up nearly 11% shortly after trading opened on Friday morning, after the company announced strong first-quarter earnings and introduced a cash dividend for the first time ever. The gain puts the shares on pace for the best one-day performance since July 2015, according to Dow Jones Market Data.

The Wall Street Journal 1 hour ago

GOOG
+10.09%
Dow Jones Rises On Inflation Data; Tesla Slides On Probe Into Autopilot Recall

Stock Market Today: The Dow Jones rose Friday on key inflation data. Tech titans Google and Microsoft surged on earnings.

Investor's Business Daily 1 hour ago

^DJI

MSFT
+2.60%
GOOG
+10.09%
Meta, Amazon, AMD, Roku, and Other Tech Stocks in Focus Today

Tech stocks launched a solid rebound early Friday as Alphabet and Microsoft earnings brought renewed optimism to the sector.

Barrons.com 1 hour ago

MSFT
+2.60%
GOOG
+10.09%
Microsoft, Google Gain After AI Fuels Cloud Computing Demand

(Bloomberg) -- Microsoft Corp. and Google owner Alphabet Inc. sent a clear message to investors on Thursday: Our spending on artificial intelligence and cloud computing is paying off. Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingHuawei’s New Phone Runs Latest Version of Made-in-China ChipFed’s Preferred Core Inflation Gauge Rose at Brisk Pace in MarchUS Economy Slows and Inflation Jumps, Dampin

Bloomberg 1 hour ago

MSFT
+2.60%
GOOG
+10.09%
Nvidia Stock Rises. What Microsoft and Google CEOs Said About Its Chips.

Nvidia stock was rising early on Friday, as the latest earnings reports from big technology companies showed continued investment in artificial-intelligence infrastructure. Nvidia shares were up 1.3% at $837.19 in morning trading. Microsoft and Google-parent Alphabet emphasized their investment in AI technology in earnings reports on Thursday and their chief executives specifically noted their use of Nvidia chips in earnings calls with analysts, although both CEOs said they were using in-house chips as well.

Barrons.com 1 hour ago

NVDA
+4.98%
MSFT
+2.60%
GOOG
+10.09%
These Stocks Are Moving the Most Today: Alphabet, Microsoft, Intel, Snap, Exxon, Roku, Skechers, ResMed, and More

Alphabet shares surge after Google’s parent posts better-than-expected earnings and announces its first cash dividend, Microsoft posts 31% quarterly growth in Azure cloud-computing revenue, and Exxon Mobil’s earnings miss estimates.

Barrons.com 1 hour ago

GOOG
+10.09%
MSFT
+2.60%
INTC
-8.40%
Tech Bulls Back in Driver Seat After Microsoft and Alphabet Blowouts

(Bloomberg) -- After a tense day of choppy trading on Wall Street, the Big Tech trade is back on in full force.Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingHuawei’s New Phone Runs Latest Version of Made-in-China ChipFed’s Preferred Core Inflation Gauge Rose at Brisk Pace in MarchUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesResults from Microsoft Corp. and Alphabet Inc. reassu

Bloomberg 2 hours ago

MSFT
+2.60%
GOOG
+10.09%
META
-0.56%
Key Fed Inflation Rate Averts Worst Fears; S&P 500 Rises

The Federal Reserve may have dodged a bullet, as the feared increase in the key 12-month inflation rate didn’t come to pass.

Investor's Business Daily 2 hours ago

^GSPC

GOOG
+10.09%
MSFT
+2.60%

Performance Overview

Return	GOOG	S&P 500
YTD	+23.39%	+6.97%
1-Year	+66.23%	+25.32%
3-Year	+50.21%	+22.06%

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Alphabet Inc. (GOOG)

Microsoft, Alphabet earnings show AI is more than just hype

PCE reading, Microsoft, Alphabet jump on earnings: Yahoo Finance

Alphabet stock pops off on Q1 earnings beat, cash dividend

Stock Market Rebounds; Tesla, Microsoft, Google, Meta, Chipotle, GE In Focus: Weekly Review

AI Chip Leader Arm Stock Plunges 31%, Is It A Buy Right Now?

Google Stock Jumps On Earnings Beat, Dividend, New AI 'Narrative'

‘AI Craze’ Powers Best Week in 2024 for Stocks: Markets Wrap

How Lucrative Is Alphabet's New Google Stock Dividend?

Surging Alphabet Stock Leads Broad-Based Tech Rally As Market Stages Recovery

Amazon’s Bezos, Jassy Deleted Chats Amid FTC Antitrust Probe

Alphabet Heads to a $2 Trillion Market Cap for the First Time. The Google Parent Just Overtook Nvidia.

Forget Nvidia And Google. Only One AI Stock Pulled This Off.

Cash Dividend Powers Alphabet Stock to Its Best Day Since 2015

Dow Jones Rises On Inflation Data; Tesla Slides On Probe Into Autopilot Recall

Meta, Amazon, AMD, Roku, and Other Tech Stocks in Focus Today

Microsoft, Google Gain After AI Fuels Cloud Computing Demand

Nvidia Stock Rises. What Microsoft and Google CEOs Said About Its Chips.

These Stocks Are Moving the Most Today: Alphabet, Microsoft, Intel, Snap, Exxon, Roku, Skechers, ResMed, and More

Tech Bulls Back in Driver Seat After Microsoft and Alphabet Blowouts

Key Fed Inflation Rate Averts Worst Fears; S&P 500 Rises

Performance Overview