BBCNEWS Asia July 3, 2024
Earnings on thursday, alphabet and microsoft took centre stage. Both Beat Expectations on earnings and revenue, thanks in no small part to investments in artificial intelligence, One Stand Out spot for alphabet was google cloud revenue whichjumped 28 in 01. A lot of Generative Ai Tools that rely on the cloud to reach customers. Alphabet announced some good news for investors, its first ever dividend of 20 cents per share, and an additional 70 billion buy back. That sent shares into double digits after the bill. For microsofts part, its Intelligent Cloud Division delivered greater revenue than ...