Microsoft (MSFT) and Google parent Alphabet (GOOGL) announced increased spending on data center hardware to support artificial intelligence initiatives late Thursday. The news drove AI stocks higher on Friday, including top names Nvidia (NVDA) and Super Micro Computer (SMCI). X Earlier this week, Meta Platforms (META) and Tesla (TSLA) also announced elevated capital expenditures related …
Shares in Google parent Alphabet (GOOGL) fell below the key 50-day moving average on Monday as the internet giant grappled with the fallout from criticism of its “Gemini” artificial intelligence system. GOOGL stock is about break-even in 2024 with Monday’s retreat. On the stock market today, Google stock slipped 4.1% to 138.09 in afternoon action, …
Major indexes showed mixed action on Friday as investors took a breath on the stock market today following the Nvidia (NVDA)-led rally Thursday. X Dow Jones stocks gave up early momentum but still rose in the last hour of trading, finishing 0.2% higher. The S&P 500 dipped briefly into negative territory but reversed course and …
Google parent Alphabet (GOOGL) as usual isn’t expected to offer profit or revenue guidance for GOOGL stock when it reports earnings on Tuesday. So analysts focused on the 2024 outlook for Google stock will crunch fourth quarter trends as well as management commentary on generative artificial intelligence, cloud computing, capital spending and the core digital …
Magnificent Seven member and Google parent Alphabet (GOOGL) leads this week’s list of AI stocks to watch near buy points. Fellow artificial intelligence plays Palantir Technologies (PLTR), MongoDB (MDB) and Super Micro Computer (SMCI) join the list. X This week’s list features names that recently fell but are now rebounding back near buy points. It’s …