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GOOG Jan 2025 140.000 put
| Previous close | 6.8700 |
| Open | 3.5500 |
| Bid | 3.6500 |
| Ask | 3.8000 |
| Strike | 140.00 |
| Expiry date | 2025-01-17 |
| Day's range | 3.3200 - 3.8900 |
| Contract range | N/A |
| Volume | |
| Open interest | 7.36k |
Yahoo FinanceIntel CEO confident in its AI future after posting soft guidance
Intel's negative earnings surprise caught a few of the newfound bulls to the story by surprise.
- Yahoo Finance Video
Microsoft, Alphabet earnings show AI is more than just hype
Both Alphabet (GOOG, GOOGL) and Microsoft (MSFT) posted quarterly results that topped Wall Street estimates. The big takeaway from both reports? That generative artificial intelligence is here and companies are spending on it, says both Baird Technology Desk Sector Strategist Ted Mortonson and RBC Capital Markets Software Equity Analyst Rishi Jaluria. "The commentary out of both Google and Microsoft, I think, tells us that there is real demand for AI... there's actual money being put behind this. It's not just hype. It's not just people talking about it. There's actual capital being put to work," Jaluria tells Yahoo Finance's Morning Brief. Mortonson agrees. "We are going through, really, a generational infrastructure build," Mortonson says, adding that both Microsoft and Alphabet have an "advantage" because their "data center footprint already exists." Jaluria notes that investors "will be patient" with Microsoft's big spending on infrastructure as long as the company's AI-related businesses continue to show growth. As to why investors were less happy about Meta's (META) AI spending, Mortonson thinks it may come down to "a game of positioning." "Meta was extremely crowded going into the print. There's some people that, quite frankly, didn't like some of the unprofitable spend," Mortonson says. He believes that Meta is "very attractive" given how hard the stock was hit by its results, but the Microsoft does have a "huge advantage" due to its enterprise business. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Stephanie Mikulich.
Yahoo FinanceRubrik CEO says he's hungry as ever, while the Microsoft-backed firm sizzles on IPO day
Rubrik comes out of the gate hot on its IPO day, selling a story of protecting data in the age of AI.
