Big Tech’s Big AI Race & Illumina CEO’s Proxy Fight 04/26/23
Squawk Pod
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Microsoft and Alphabet Beat Expectations for the First Quarter
Both tech giants beating expectations for the first quarter Steve Kovac joins us now with more details on the quarter and yes the AI race that's all what everyone wants to know about AI. Microsoft was soaring after beating on the top and bottom lines but it was really the guidance for quote healthy revenue growth that saw it go like higher. Google also beat on the top or bottom lines but growth just really fading overall revenue only growing 3% year-on-year to 69 billion dollars ad revenue was down in YouTube as well shares were just up slightly and then it's AI that's the real story, says Kovac.
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