The alphabet to report profits, as spending on artificial intelligence and cloud growth are scrutinized – Trendy Blogger

The alphabet to report profits, as spending on artificial intelligence and cloud growth are scrutinized

 – Trendy Blogger

Alphabet will report its quarterly profits on Tuesday, as investors focus on spending artificial intelligence and the impact of the slower growth in advertisements and cloud revenues. Estimates collected by LSEG indicate that Alphabet’s revenues for the fourth quarter are expected to rise by 11.9 % to 96.6 billion dollars, less than the previous quarter … Read more

Meta and Alphabet shares rise as uncertainty remains over TikTok ban – Trendy Blogger

Meta and Alphabet shares rise as uncertainty remains over TikTok ban

 – Trendy Blogger

Meta Platforms and Alphabet saw gains in their stock prices on Friday as uncertainty surrounding TikTok’s future in the US persists. Shares of Meta Platforms reached an all-time high of $629.78 during the day before settling at $622.85, up 2.3%. Alphabet shares also rose 1.1%, closing at $176.21. The rise in stock prices comes after … Read more