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Alphabet and Microsoft earnings send a clear message to investors: Our AI spending is paying off

Microsoft and Google owner Alphabet trounced Wall Street estimates with their latest quarterly results.

Big Tech Surges in Late Hours on Blowout Earnings: Markets Wrap

(Bloomberg) — The world’s largest technology companies soared in late trading as stellar results from Microsoft Corp. and Google’s parent Alphabet Inc. fueled confidence in Wall Street’s most-influential group. A $250 billion exchange-traded fund tracking the Nasdaq 100 (ticker: QQQ) climbed 1.2% after the close of regular trading. In a sigh of relief to investors…

Asia Stocks Set to Fall as Meta Drags on Big Tech: Markets Wrap

Tech Giants Hit in Late Hours After Meta's Outlook: Markets Wrap

(Bloomberg) — Big tech sold off in late hours after Meta Platforms Inc.’s disappointing outlook raised concern on whether the industry that has powered the bull market in equities has run too far. A $250 billion exchange-traded fund tracking the Nasdaq 100 (ticker: QQQ) got hit after the close of regular trading as the Facebook…

Alphabet's Cash Boom Is Raising Dividend Hopes on Wall Street