There's one big reason why Alphabet has the edge over Microsoft in the AI race, according to tech investor Gene Munster
Alphabet has a key advantage over Microsoft in the artificial intelligence race, and it lies inside of Google's vast trove of search data, according to Deepwater Asset Management's Gene Munster.
"It's advantage Google over here, not just because of the valuation difference," Munster said in an interview withon Wednesday."I'm in the belief that Google, their 20-year lead in search is going to inform better AI decisions. We don't see it in the products today, I think that they will deliver on that, ultimately I think that's going to be good for ad revenue.
Alphabet stock, meanwhile, surged 6% on Wednesday, beating analysts' expectations for revenue and earnings per share.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock Market Today: What to Watch Ahead of Alphabet, Microsoft EarningsStock futures were steady ahead of a slew of earnings due later from big names such as Google parent Alphabet, Microsoft and Visa. Follow the latest markets updates.
Read more »
Dow strives for 12th day of gains as Microsoft and Alphabet earnings loomU.S. stock futures rose early Tuesday as earnings season picked up pace and traders looked ahead to the Fed decision midweek.
Read more »
U.S. stocks were rising as Microsoft and Alphabet kick off tech earnings By Investing.com*U.S. STOCKS INCH HIGHER AS MICROSOFT AND ALPHABET KICK OFF TECH EARNINGS, FED MEETING BEGINS $DIA $SPY $QQQ $MSFT $GOOGL 🇺🇸🇺🇸
Read more »
S&P 500 rises on tech strength ahead of Microsoft, Alphabet Results By Investing.com⚠️BREAKING: *U.S. STOCKS END HIGHER AHEAD OF BIG TECH EARNINGS, DOW NOTCHES 12-DAY WINNING STREAK $DIA $SPY $QQQ $IWM $VIX 🇺🇸🇺🇸
Read more »
Stocks making the biggest moves after hours: Microsoft, Alphabet, Snap, Teladoc and moreThese are the stocks posting the largest moves in extended trading.
Read more »
CNBC Daily Open: Alphabet soars as Microsoft sinksBoth Alphabet and Microsoft beat estimates for the top and bottom line. But Alphabet shares soared while Microsoft fell.
Read more »