Alphabet, parent of Google and YouTube, saw a third straight quarter of better-than-anticipated gains as it reported earnings on Tuesday. The tech giant had largely exceeded analyst expectations for the previous two quarters, and Tuesday’s… Article Source https://www.theguardian.com/technology/2024/oct/29/alphabet-google-earnings-report
Google parent Alphabet topped third-quarter revenue and earnings expectations on Tuesday, helped by an AI-driven 35% surge in its cloud business as well as a jump in its digital advertising revenue. Alphabet shares, which closed up… Article Source https://nypost.com/2024/10/29/business/google-parent-alphabet-revenue-jumps-15-on-ai-investments/
Google parent Alphabet’s AI spending boosts cloud business, ad sales Reuters Article Source https://www.reuters.com/technology/google-parent-alphabet-beats-quarterly-revenue-estimates-2024-10-29/
Alphabet stock leaps as Google parent crushes Q3 earnings TheStreet Article Source https://www.thestreet.com/investing/alphabet-stock-leaps-as-google-parent-crushes-q3-earnings
(Bloomberg) — Citrix Systems Inc.’s parent is seeking its second leveraged-loan repricing of 2024, part of a record year of such activity as the market has topped $1 trillion of deals for the first time. Cloud Software Group Inc. is looking to… Article Source https://www.bnnbloomberg.ca/investing/2024/10/28/citrix-parent-aims-to-revise-second-loan-in-markets-record-year/
Citrix Parent Aims to Revise Second Loan in Market’s Record Year Bloomberg Article Source https://www.bloomberg.com/news/articles/2024-10-28/citrix-parent-aims-to-revise-second-loan-in-market-s-record-year
:max_bytes(150000):strip_icc()/GettyImages-2166671482-8bf85a47e59847fe96884ee3f1b7a697.jpg?w=1500&resize=1500,1006&ssl=1 "What You Need To Know Ahead of Google Parent Alphabet’s Earnings")
What You Need To Know Ahead of Google Parent Alphabet’s Earnings Investopedia Article Source https://www.investopedia.com/alphabet-google-q3-fy-2024-earnings-preview-8732427
Alphabet’s self-driving unit, Waymo, said on Friday it had closed a $5.6 billion funding round led by the Google parent, as it looks to expand its autonomous… Article Source https://www.ndtv.com/world-news/waymo-driverless-taxi-start-up-from-googles-parent-firm-alphabet-raises-5-6-billion-6874094
After US trade restrictions stopped Nvidia from exporting its advanced AI chips to China, the company responded by developing the H20 GPU, a modified version which complies with the regulations by offering lower performance levels while still… Article Source https://www.techradar.com/pro/tiktoks-parent-firm-could-shun-nvidia-amd-as-reports-claim-it-will-use-100-000-huawei-ai-chips-to-train-its-next-gen-llm
TikTok owner ByteDance has reportedly formed a partnership with Broadcom to develop an AI chip, likely in response to tensions created by US trade sanctions. The Chinese company plans to mass-produce the chip using TSMC’s 5nm technology, despite restrictions on Chinese companies working with the Taiwanese semiconductor manufacturer. This move allows ByteDance to comply with … Read more