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microsoft earnings: Alphabet and Microsoft see earnings rise on AI-infused cloud

Google parent Alphabet and computing colossus Microsoft Tuesday reported that quarterly profits climbed on demand for cloud computing enhanced with artificial intelligence. Alphabet reported a quarterly profit of $19.7 billion, powered by money taken in from ads, YouTube, and cloud services.
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Alphabet has strong Ad sales but cloud business disappoints

Alphabet, Googles parent company, reported an 11% increase in quarterly sales, reaching $76.7 billion, driven by a rebound in digital advertising. However, investors were disappointed with the performance of its cloud computing business, which lags behind Microsoft and Amazon. Googles profit jumped 42% to $19.7 billion, surpassing expectations.
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Google parent Alphabet profits grow | Borneo Bulletin Online

SAN FRANCISCO (AFP) – Google parent Alphabet on Tuesday reported a quarterly profit of USD19.7 billion, powered by money taken in from ads, YouTube, and cloud services. Alphabet beat market expectations, bringing in USD76.7 billion in revenue, versus USD69 billion in the same period a year earlier. “I’m pleased with our financial results and our […]
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