AWS results see public cloud giant tap into surging GenAI demand
Amazon CEO Andy Jassy claims AWS has turned a corner where its customers’ worries about cloud cost optimisation are concerned.
Source: computerweekly.com
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Microsoft, Google gain after AI fuels cloud computing demand
Firms trounced Wall Street estimates with Q1 results, lifted by a surge in cloud revenue
Source: gulfnews.com
Microsoft and Alphabet profit surge signals AI and cloud dominance
Tech giants Microsoft and Alphabet reported soaring profits, fuelled by their investments in AI and cloud computing.
Source: biznews.com
Alphabet Q1 Results: Google parent company records revenue at $67.6 billion
Google's parent company, Alphabet, reported Q1 net income for the quarter at $1.89 per share, topping forecasts of $1.53 per share. Alphabet also declared its first-ever dividend at 20 cents per share, and confirmed plans to repurchase another $70 billion in stock. Its shares soared 13%.
Source: livemint.com
Alphabet Q1 results: Google parent company's revenue at $67.6 billion, beats estimates
Alphabet Q1 results: The Google parent generated sales, excluding partner payouts, of $67.6 billion for the three months that ended on March 31.
Source: hindustantimes.com