After Meta’s stock meltdown late Wednesday afternoon and Thursday, the tech sector is roaring back in after-hours trading on the strength of strong earnings reports from Alphabet, Microsoft, and Snap.
The 'Fast Money' traders react to Alphabet's proposed $80 billion equity capital raise.
After an antitrust ruling, Alphabet will retain Chrome, a victory for the company and the artificial intelligence (AI) part of its business. ChatGPT appeared to undermine confidence in Google's AI.
The 'Fast Money' traders talk Alphabet's record day and if the bounce is keeping the AI trade alive. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more ...
The AI arms race is getting expensive fast. Alphabet (NASDAQ:GOOG)(NASDAQ:GOOGL), Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN), and Meta Platforms (NASDAQ:META) are now on track to collectively spend ...
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