Clash of AI Giants: Microsoft or Alphabet for Long-Term Exposure?
Although Microsoft has shown greater agility, Google could catch up.
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BTC$62,686.00-1.67%
ETH$1,666.62-3.16%
USDT$0.9987-0.01%
USDC$0.9996-0.01%
XRP$1.10-1.88%
SOL$69.40-3.23%
TRX$0.329-1.01%
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DOGE$0.0789-3.56%
USDS$0.9997+0.00%
RAIN$0.0157-2.06%
LEO$9.49-0.84%
ZEC$413.84-6.89%
XLM$0.1911-3.05%
Google hit an all-time high driven by AI initiatives, AMD surged after being named a "top pick" by an analyst, and Southwest Airlines dipped.
Although Microsoft has shown greater agility, Google could catch up.
Alphabet and Microsoft posted strong Q2 earnings driven by AI and cloud computing. Stocks surge in premarket trading today.
Google is stepping up its competition with Nvidia in the artificial intelligence (AI) chip market by developing custom hardware solutions.
Alphabet, Google's parent company, is rumored to be considering an acquisition of HubSpot.
Tuesday marks one of the bigger days of the current earnings season, with both Microsoft and Alphabet set to release their latest quarterly results.
Google introduced its most capable AI model, Gemini, claiming it can compete with OpenAI's GPT-4.
In the wake of a recent earnings-driven shares rebound, the Magnificent Seven companies now account for almost 70% of S&P 500's gains this year.
Microsoft's shares rose in premarket trading Wednesday after the latest earnings report showed strong growth in its Azure platform.
Tech firms are set to report their Q3 earnings this week, with analysts largely expecting strong EPS and revenue growth.
Broadcom's shares fell nearly 6% in the Thursday premarket after South Korea regulators slapped a $14 million fine on the company.
Brin has been actively participating in meetings about AI and holding weekly discussions on new AI research at Google.
The MAS's collaboration with Google comes in the wake of the latest AI boom triggered by ChatGPT's success.