microsoft,-google-post-double-digit-profit-rises,-boosting-case-for-ai

Microsoft, Google post double-digit profit rises, boosting case for AI

Tech giants’ shares surge after stronger-than-expected earnings., Tech giants’ shares surge after stronger-than-expected earnings. Google and Microsoft have reported double-digit profit increases, buttressing the case for the tech giants’ heavy investment in artificial intelligence (AI). The quarterly results announced on Thursday by Google parent Alphabet and Microsoft came in ahead of expectations, sending their shares 11 percent and 4 percent higher, respectively, in after-market trades. Alphabet reported a profit of $23.7bn in the first three months of,2024-04-26 02:55:00,Read More