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Broader Gains Expected as Earnings Season Continues on Wall Street: Alphabet, Microsoft, and Southwest Airlines to Report Quarterly Earnings /
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2024-04-30 21:04:19

Broader Gains Expected as Earnings Season Continues on Wall Street: Alphabet, Microsoft, and Southwest Airlines to Report Quarterly Earnings on Nostr: Alphabet and Microsoft Beat Profit Forecasts, Highlighting AI Investments; Dell ...

Alphabet and Microsoft Beat Profit Forecasts, Highlighting AI Investments; Dell Technologies Positioned as a Leading AI Player in the Server Business
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#b0c92d6c ver:0.24

#Alphabet and #Microsoft beat profit forecasts, highlighting their successful #AI investments. Alphabet's Q1 earnings per share of $1.89 and revenue of $80.5 billion surpassed expectations, while Microsoft's profits increased by 20%. Dell Technologies emerges as a leading player in the AI server business, with a reasonable valuation and increased dividend. However, concerns remain about AI infrastructure spend and GPU supplies. Analysts raise Alphabet's stock price targets due to strong performance and focus on AI. Technical chart suggests buying Dell on a pullback to $124.50. #tech #earnings...

#newstr #Alphabet #Microsoft #DellTechnologies #Ai #ServerBusiness #Earnings #Investments

https://here.news/story/b0c92d6c?ver=0.24
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