Reddit's bet on AI is starting to pay off
Reddit shares surged 25% after it reported a revenue beat and turned a profit for the first time.The company saw a 68% revenue increase and a 47% rise in
AMD and Google, what they tells us about the future of AI stocks
Alphabet is one of the biggest movers in the pre-market on Wednesday.
Google's AI-fuelled gains in cloud bode well for Amazon, Microsoft
Google-parent Alphabet's breakout cloud sales in the July-September quarter bode well for top cloud providers Microsoft and Amazon.com, and signal that market for AI-aided computing power is only growing.The company's stock rose 5.5 per cent in premarket trading on Wednesday, a day after Alphabet posted a
Reddit Stock Jumps on Surprise Profit, Buoyant Outlook
Reddit shares are surging 24% in premarket trading Wednesday after the social media firm posted its first quarterly profit as a public company with higher-than-estimated results and a rosy fourth-quarter outlook.
Alphabet’s pricey AI bet pays off with growth in cloud, search
Alphabet shares rose more than 5% in extended trading following the report. The stock has gained 21% this year.
Alphabet's pricey AI bet pays off with growth in cloud, search
Revenue, excluding partner payouts, increased to $74.6 billion, up about 16% from Q3-2023
5 Things to Know Before the Stock Market Opens
Google-parent Alphabet shares climb after cloud revenue boosts earnings, AMD stock drops on a weak sales outlook, and Eli Lilly shares tumble as results come up well short of estimates. Here's what investors need to know today.
Eli Lilly Stock Tumbles as Q3 Sales, Profits Fall Well Short of Estimates
Eli Lilly shares sank 10% Wednesday morning after its third-quarter results came in well below what analysts were expecting.
Reddit Is Profitable For the First Time Ever
In Reddit's third-quarter earnings results, the company reported a profit of $29.9 million, with $348.4 million in revenue -- a 68% increase year over year. The Verge reports: The company hasn't been profitable at any point in its nearly 20-year history. Since going public, Reddit lost $575 million...
AMD Stock Price Levels to Watch After Post-Earnings Plunge
Advanced Micro Devices shares moved sharply lower in extended trading on Tuesday after the chipmaker reported weaker-than-expected earnings and issued a light revenue outlook. Monitor these price levels on the stock's weekly chart.
Google CEO Says AI Investments Are 'Paying Off'
In Google parent Alphabet’s latest quarterly update, CEO Sundar Pichai told investors the tech giant's investments in AI are paying off, sending shares higher.
Alphabet's two pillars of growth stand tall in the latest quarter. But we're not ready to act
Alphabet shares surged during Tuesday's after-hours trading following a solid earnings print.
AMD's post-earnings slide is a buying opportunity. Here's why
Wall Street's reaction to the quarter continues an up-and-down month for shares of the AI chipmaker.
Google (GOOGL) reports $8.92 billion of YouTube ad revenue in Q3 2024
YouTube ad revenue was up about $0.7 billion year-over-year from Q3 2023.
AMD Stock Slides as Profits Fall Short of Expectations
Advanced Micro Devices reported third-quarter earnings that missed expectations, sending shares lower after the closing bell Tuesday.
AMD reports record revenue but Q4 forecast disappoints
Advanced Micro Devices reported record Q3 revenue of $6.8 billio, up 18%. But the shares fell due to a disappointing forecast for Q4.
AMD shares fall as forecast fails to impress despite strong AI growth
AMD shares are up about 20% so far in 2024, although rivals such as Nvidia and Broadcom have had much greater gains during the same period, driven by AI chips.
Google Parent Alphabet's Stock Pops as Cloud Revenue Soars on AI Demand
Google parent Alphabet reported third-quarter results that topped analysts' estimates, sending shares higher after the bell Tuesday.
Alphabet stock leaps as Google parent crushes Q3 earnings
Alphabet posted stronger-than-expected third quarter earnings Tuesday, including an outsized surge in revenues for its flagship cloud division, as the tech giant looks to ease investor concern over a surge in capital spending on AI-related technologies.
Snap shares jump 10% on profit beat, stock buyback
Snap reported third-quarter results on Tuesday that beat on the top and bottom lines, but the company issued light fourth-quarter guidance.
Google parent Alphabet beats quarterly revenue estimates
:Alphabet topped third-quarter revenue expectations on Tuesday, helped by steady growth in its digital advertising business and an AI-driven jump in demand for its cloud services.Shares of the company rose 3 per cent in extended trading. Digital advertising sales - the biggest chunk of Alphabet's total
Reddit shares soar 22% on earnings beat and better-than-expected forecast
Reddit reported third-quarter results that exceeded analysts' estimates and gave a forecast for the current period that was well ahead of estimates.
Google parent Alphabet beats revenue estimates on strong ad sales
Google parent Alphabet topped third-quarter revenue expectations on Tuesday, helped by a 10 per cent jump in its digital advertising business and an AI-driven jump in demand for its cloud services.Alphabet shares, which closed up 1.8 per cent on Tuesday, were up 4 per cent in after-hours trading. The stoc
YouTube Q3 Ad Revenue Beats Forecasts, Rising 12% to $8.92 Billion
YouTube generated a cool $8.92 billion in ad revenue for Q3 2024, as it continues to turn in double-digit growth on already big numbers.
Alphabet's AI investments boost cloud sales, lifts maturing ad business
Google parent Alphabet said on Tuesday its AI investments were "paying off" as it reported a 35 per cent surge in its cloud business and U.S. election-related spending lifted YouTube ad sales in the third quarter.Alphabet shares rose nearly 6 per cent in after-market trading on Tuesday. Shares of Amazon a
Google parent Alphabet's AI spending boosts cloud business, ad sales
Google parent Alphabet topped third-quarter revenue and earnings expectations on Tuesday, helped by an AI-driven 35 per cent surge in its cloud business as well as a jump in its digital advertising revenue.Alphabet shares, which closed up 1.8 per cent on Tuesday, were up 4.4 per cent in after-hours tradin
Google delivers a big earnings beat
Alphabet, Google's parent company, reported its third-quarter earnings on Tuesday.The company beat on revenue, EPS, its ads business, and Google Cloud
Alphabet shares rise on earnings beats boosted by cloud revenue
Google parent Alphabet reported third-quarter earnings that beat on top and bottom lines.
5 Things to Know Before the Stock Market Opens
Google parent Alphabet and AMD report earnings after the closing bell, Ford shares are down after the automaker misses profit estimates, and McDonald's stock slips as same-store sales decline more than expected. Here's what investors need to know today.
AMD Earnings: Shares Tumble As Semiconductor Giant Narrowly Beat Expectations On Record Data Center Revenue
The semiconductor firm’s third-quarter earnings report was released Tuesday.
last updated on 30 Oct 13:22