gene munsteron the managing partner Deepwater Asset Managementhow compared alphabet inc (Nasdaq:google) (Nasdaq:Google) And Microsoft Corporation (Nasdaq:msft, ai theme played during their earnings call.
What happened: Both the tech giants posted better-than-expected results on Tuesday. While Microsoft reported a 7% year-over-year increase in its third-quarter revenue to $52.9 billion, Alphabet’s first-quarter Revenue increased 3% year-over-year to $69.79 billion.
Read also: Everything You Need to Know About Google Stock
Munster said in his tweet that when the topic of AI came up, “it looks like Google management is drinking tea and Microsoft is drinking Red Bull.”
Pichai’s take: Alphabet CEO sundar pichai Said during the earnings call that the company will continue to incorporate generative AI advances to improve Search thoughtfully and intentionally.
“We will be guided by the data and …