Alphabet And Microsoft Stocks Pop After Beating Q1 Targets
Stock prices for Alphabet and Microsoft rose after reporting better-than-expected Q1 results. The companies are seeing more demand for their generative AI services.
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Stock prices for Alphabet and Microsoft rose after reporting better-than-expected Q1 results. The companies are seeing more demand for their generative AI services.
The move by Alphabet comes just months after Facebook and Instagram parent Meta issued its own first dividend.
Meta Platforms reported Q1 2024 earnings. Analysts have mixed views, with some optimistic about Meta's focus on AI and the Metaverse, while others recommend selling the stock. Wedbush favors Google, while Needham suggests using Meta as a source of funds.
Social media giant Meta will report its Q1 earnings after the bell Wednesday.
Meta's strengths include digital advertising, according to Wedbush's Scott Devitt.