Alphabet And Microsoft Bring Technology Momentum Back — Will It Last?
The S&P 500 closed at 5,099.96, up 2.70% for the week; the Dow Jones at 38,239.66, up 0.70%; the tech-heavy Nasdaq at 15,927.90, up 4.2%%.
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The S&P 500 closed at 5,099.96, up 2.70% for the week; the Dow Jones at 38,239.66, up 0.70%; the tech-heavy Nasdaq at 15,927.90, up 4.2%%.
The stellar earnings reports from both tech giants assuaged concerns regarding the profitability of their significant AI investments, following Meta's tepid forecast.
Microsoft’s latest earnings call included CEO Satya Nadella talking about AI, GenAI, Copilot, Teams, security, Azure and more.
Record-high capital expenditures come as both core businesses are performing well.
Microsoft Inc. scheduled to report earnings after Thursday’s close. Here's a closer look at what Wall Street expects from Microsoft