Fewer than 50% of S&P 500 mention AI in Q2 earnings
WEB4 hours ago · Despite all the hype and billions poured into AI, fewer than half of S&P 500 firms actually mentioned it in their Q2 2024 earnings reports. According to data published this month by FactSet, 42 percent of S&P 500 firms (210) mentioned AI in Q2 earnings calls conducted between June 15 and September 13. FactSet noted that's well above the five ...
Meta reports $39 billion in revenue for Q2 earnings as AI spend …
WEBJul 31, 2024 · Meta’s second quarter earnings continue the same story from the previous quarter: generative AI may be here, but it’s going to take a long time to make money.
Google had a massive quarter thanks to Search and AI
WEBJul 23, 2024 · Google parent company Alphabet made almost $85 billion in the second quarter of 2024 thanks to growing revenue from its Search and cloud computing businesses.
Alphabet to report double-digit Q2 growth; AI adoption, …
WEBJul 22, 2024 · Google-parent Alphabet is expected to report a nearly 14% rise in quarterly revenue, its fourth straight quarter of double-digit growth, driven by steady demand for its artificial...
What Broadening Rally? AI Stocks Dominate Again In Q2
WEBJul 3, 2024 · AI Stocks Lead Market Performance In Q2. Drilling into the second quarter’s biggest winners, tech and large-growth stocks, a common thread appears. A few major players capitalizing on...
State of AI Q2’24 Report - CB Insights
WEBJul 30, 2024 · Global AI funding climbed once again in Q2’24, jumping 59% QoQ to hit $23.2B — the highest quarterly level on record. Massive rounds to a handful of startups, …
AI startup funding more than doubles in Q2, Crunchbase data shows
WEBJuly 9 (Reuters) - Investments in artificial intelligence (AI) startups surged to $24 billion from April to June, more than doubling from the previous quarter, according to data from...
Nvidia just made $6 billion in pure profit over the AI boom - The Verge
WEBAug 23, 2023 · The company raked in $13.5 billion in revenue since May, it revealed in its Q2 2024 earnings, with the unprecedented demand for its generative AI chips blowing past any difficulty it might have...
AI startup funding more than doubles in Q2, Crunchbase data shows
WEBJul 9, 2024 · (Reuters) - Investments in artificial intelligence (AI) startups surged to $24 billion from April to June, more than doubling from the previous quarter, according to data from Crunchbase,...
Nvidia Reports Strong Quarter Amid Investor Jitters Over AI …
WEBAug 29, 2024 · Nvidia ’s sales and earnings more than doubled in the company’s most recent quarter, showcasing the momentum of the nearly two-year-old AI boom despite concern that investment has surged ahead...