(Bloomberg) -- Amazon.com Inc., Microsoft Corp. and Alphabet Inc. had one job heading into this earnings season: show that the billions of dollars they’ve...
-- Amazon.com Inc., Microsoft Corp . and Alphabet Inc . had one job heading into this earnings season: show that the billions of dollars they’ve each sunk into the infrastructure propelling the artificial intelligence boom is translating into real sales.While ‘Pod Save America’ Tries to Unite Democrats, Its Staff RebelsIn the eyes of Wall Street, they disappointed. Shares in Google owner Alphabet have fallen 6.1% since it reported last week.
Wall Street’s concerns about capital expenditures, which totaled $13.2 billion in the quarter, overshadowed better-than-expected sales. Shares fell 5% the day after the results. The companies that produce chip-making equipment, including ASML Holding NV and Tokyo Electron Ltd., also slid. In a mid-July interview, Zuckerberg worked to justify his industry’s spending and encouraged the market to look to the future.
TELUS Corporation today released its unaudited results for the second quarter of 2024. Consolidated operating revenues and other income increased by 0.6 per cent over the same period a year ago to $5.0 billion. This growth was driven by higher service revenue in our TELUS technology solutions segment offset by lower service revenue in our TELUS digital experience segment , formerly known as Digitally-led customer experiences – TELUS International. Within TTech, higher reveWATERLOO, Ontario, Aug.
Premarket Trading Microsoft Corp Alphabet Inc Spending Generative AI Capital Expenditures Technology Investment Mark Zuckerberg
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