AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
CNBC's "Fast Money"
Alphabet’s Earnings Results… And The State Of The Presidential Race 10/29/24
Oct 29, 2024
Dia Drabosa, a financial journalist, shares insights on Alphabet's latest earnings, highlighting strong performance in advertising and AI's role in growth. Gene Munster, a Deepwater analyst, discusses the competitive AI landscape and regulatory challenges. Seema Modi provides a rundown of AMD's earnings, tying it to broader tech trends. Kate Rogers offers an analysis of Chipotle's mixed results against the backdrop of rising interest rates. The conversation also touches on the upcoming presidential race and its potential impacts on markets.
43:45
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Alphabet reported strong earnings this quarter, reflecting resilience in core advertising and successful AI initiatives driving search growth.
- Despite positive performance, Alphabet's cautious CapEx guidance suggests strategic shifts in investment approach amid rising market competition.
Deep dives
Earnings Overview of Alphabet
Alphabet's recent earnings report demonstrated strong performance, particularly in core advertising, which eased concerns regarding competition from emerging generative AI products. Core ad revenue, YouTube's performance, and cloud services all surpassed expectations, indicating resilience amidst a challenging market landscape. CEO Sundar Pichai highlighted the success of Google's AI initiatives, which have reached over a billion users monthly, further driving growth in search usage. Despite positive indicators, the pressure of competition in the AI space was acknowledged, suggesting that the battle for ad revenue will intensify in the future.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode