Shares of Alphabet and Tesla dipped after the companies reported massive spending increases in their quarterly earnings reports.
Alphabet is determined to win the AI race, but not everyone is convinced.
Google crushed earnings expectations — but investor reactions were mixed as the CEO highlighted surging AI usage and a $10 billion capex spike.
Two of the world’s most valuable companies just reported earnings, kicking off what’s expected to be another strong earnings season for America’s tech giants. Tesla (TSLA) and Google-parent Alphabet ...
Tesla and Alphabet shares fell sharply after earnings highlighted the rising cost of AI investment. The reaction signalled that Wall Street is demanding clearer returns, cash flow and profit ...