Alphabet Disappoints, Microsoft's Cloud Sales Grow: Earnings Live from Schwab IMPACT
Show notes
Alphabet posted disappointing sales from most of its core businesses in the third quarter, escalating investors’ concerns about the hundreds of billions of dollars that the company is spending on artificial intelligence. The stock fell in late trading. Meanwhile, Microsoft delivered earnings that left Wall Street investors optimistic about its cloud division.
On this episode, Carol and Tim broadcast live from the Schwab IMPACT event in Boston to cover big tech earnings and more, featuring:
- Ed Ludlow, Bloomberg Tech Host
- Anurag Rana, Bloomberg Intelligence Senior Tech Analyst
- Omar Aguilar, CEO & CIO of Schwab Asset Management
- Lisa Salvi, Head of Business Consulting & Education at Charles Schwab
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