Alphabet Lifted by Cloud Computing Unit, Ford Motors Forward Due to Full-Year Outlook, Chipotle Spices It Up with Protein
On this episode of Stock Movers:- Alphabet Inc. (GOOGL) reported quarterly revenue and profit that beat projections, fueled by strong growth in its cloud computing unit, signaling that the internet giant’s unprecedented investments in AI infrastructure are beginning to pay off. Google’s parent company said first-quarter revenue, excluding partner payouts, was $94.7 billion, compared with the $91.6 billion expected on average by analysts, according to data compiled by Bloomberg. The company reported earnings per share of $5.11, compared with Wall Street’s $2.62 per share…
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