In the race to harness the transformative power of generative AI, companies are betting big – but are they flying blind? As billions pour into gen AI initiatives, a stark realit ...
Friday, November 8, 2024 The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Oracle Corp.
But investors sent Meta shares lower in after hours trading over the outlook for AI spending in the months ahead and another big loss at its virtual and augmented reality arm, Reality Labs.
The stock market is getting spooked by the specter of weak tech outlook ... supply issues around AI capacity are likely to cause stable Azure consumption trends in Q2 vs. Q1, which is solid ...
The company is focusing on enhancing profitability and integrating AI advancements to streamline client deployments. Despite challenges, Witbe aims for continued financial improvement in the ...
Alphabet shares rose Wednesday after the Google parent announced strong results on Tuesday in its cloud-computing division, another beneficiary of the AI boom. Microsoft, and the tech industry ...
Microsoft Corporation delivered a strong Q1 result with 21% constant revenue growth in its cloud business. Microsoft is well positioned to capture market growth opportunity in cloud and AI ...
Google's parent company Alphabet reported robust third-quarter results on Tuesday, with revenue climbing 15 percent year-over-year to $88.3 billion, powered by strong performance from ... term focus ...
Ashkenazi said it also showed “strong growth,” as did Google Cloud Platform, which is the company’s data management and AI development suite, with revenue growing faster than that of the ...
“We had a good quarter driven by AI progress across our apps and business,” CEO Mark Zuckerberg said in a statement. “We also have strong momentum with Meta AI, Llama adoption, and AI ...