Alphabet Q2 Earnings Preview: AI Developments, Advertising and Cloud Computing as Key Focus
is set to release its Q2 earnings report on July 23, investors will focus on AI developments, capital spending plans, and ad spending in second-quarter. Google stock has climbed 27% in 2024 as investor fervor over generative artificial intelligence drives big gains in technology companies.
Amazon Prime Day Sees Record Sales Despite Economic Woes
Amazon' Prime Day has become a major fixture on the retail calendar since its inception in 2015, offering Prime members exclusive access to a vast array of deals across categories.
Megacaps Must Boost Guidance to Thwart 'Epic' Momentum Reversal
Just 1 on 4 AI Tasks Will Be Cost Effective in 10 Years - MIT Professor
Cloud Providers in AI, Data Named 'Top Picks' as Earnings Approach: Oppenheimer
To fund this, companies are cutting back on legacy IT and application spending.
Notable Analyst Calls This Week: Shopify, CrowdStrike and Chegg Among Top Picks