Executives at Meta and Google admitted this week that their companies may be spending too much on artificial intelligence infrastructure. However, they said the risks of spending too little are far greater.
The recent pullback in the tech sector hasn't left Alphabet (NASDAQ: GOOGL) stock unaffected, as it retraced by 0.87% in the previous month, and 4.03% in the previous five trading sessions.
Many in the market are looking to the two members of ‘the Magnificent 7' who report quarterly results this week to help reverse the stock market's recent weakness.
Alphabet's (GOOGL) second-quarter 2024 results are expected to reflect solid momentum in Google Cloud.
Alphabet (GOOGL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Many consumers and medical providers are turning to chatbots, powered by large language models, to answer medical questions and inform treatment choices. We subjected five major large language models to parts of the U.S. Medical Licensing Examination Step 3 examination, widely regarded as the most challenging.
Here are AI stocks to keep on watch in the stock market today.
There is a school of thought that Alphabet's (NASDAQ: GOOGL) Google will not be the search engine of the future.
Thursday, the markets clearly showed that the market rotation is finally here. Investors should be mindful that small caps and other beaten-down market areas will likely outperform in the coming months.
In a particularly fruitful week for many participants in the stock market, the stocks of Google parent Alphabet (NASDAQ: GOOGL) have joined the new all-time high (ATH) club, and they continue to race on the wings of positive developments and optimistic expectations.
Alphabet Inc (NASDAQ: GOOGL) has already gained some 40% since its year-to-date low in early March but analysts at Jefferies remain convinced it can push further to the upside in the coming months. Shares of the tech titan currently pay a dividend yield of 0.43%.
The ongoing bullish sentiment around the stock market has been primarily attributed to companies venturing into the artificial intelligence (AI) sector.