CEO Sundar Pichai defended the dramatic increase on a conference call with analysts, who are raising new questions about capital spending.
Meanwhile, the Australian share market has started its day higher, following an upbeat session on Wall Street as China's retaliatory tariffs against the United States were perceived as level-headed.
After making more than $5 billion from Instinct data center GPUs in 2024, AMD CEO Lisa Su said in a fourth-quarter earnings ...
Despite the threat of DeepSeek, CEO Sundar Pichai said the company expected to spend about $75 billion in capital ...
The AI-powered data analytics firm recorded 36% growth in revenue as sales hit $878 million, far exceeding Wall Street's expectations of $776 million. U.S. revenue growth accelerated 52% from the year ...
Calm returned to Wall Street, and tech stocks led U.S. indexes higher after a strong profit report from Palantir Technologies ...
Alphabet says YouTube topped $10 billion in ad earnings, propelling Google's ad business to $61 billion in revenue.
AI stocks are on the move after hours. The primary catalyst is earnings from Alphabet (Nasdaq: GOOGL). While Alphabet shares ...
Match Group forecast annual revenue below Wall Street estimates as users cut back spending on dating apps, sending the Tinder ...
"The blended (year-over-year) earnings growth rate for the S&P 500 is 13.2%," notes FactSet Senior Earnings Analyst John Butters. "If 13.2% is the actual growth rate for the quarter, it will mark the ...
Advanced Micro Devices forecast first-quarter revenue above Wall Street estimates on Tuesday, betting on strong demand for ...
The company’s commercial revenue increased 64% in the quarter while U.S. government sales rose 45%. But if Wall Street ...