Follow UsGoogle and Microsoft Just Proved the AI Trade Is Alive—While OpenAI Is Sweating
Bullish-15.78%
29 Apr, 22:14
Source: Decrypt
AI Summary
Alphabet and Microsoft both crushed Q1 earnings estimates with strong cloud and AI business performance, signaling continued strength in the AI trade.
Alphabet and Microsoft crushed Q1 estimates on the same day, with Google Cloud up 63% and Microsoft's AI business hitting a $37 billion run rate.