Alphabet's AI & Cloud Pushes: Q1 Earnings Preview

0:00It's April 24th, I'm Cory with the story. This is Durham News Today, driven by AI. Alphabet's gearing up for its first quarter fiscal year, 2026 earnings report this Wednesday, April 29th. The tech giant split its revenue into Google Cloud and Google services and after mixed reactions to its huge capital spending plans from the last. Quarters February 4th release. Investors are watching closely for AI and cloud updates. Lately, Google snapped up Whiz, a cloud security firm, back on March 11th to boost its cloud offerings. They also dropped Turboquan, a slick compression tool for AI models that cuts memory use without losing accuracy and expanded quantum computing with. Neutral Adam's tech, hiring expert Dr. Adam Kaufman to lead it. At the Google Cloud next event, April 22nd, they unveiled the 8th Gen Tensor Processing Units, TPU-AT for training and TPU-8i4. Inference promising faster runs in lower costs, like two to four times speedier workloads,

1:02at 30% less expense. Bank of America just bumped up its earnings per share estimates, forecasting first quarter revenue at $92 billion in $2.69 per share, beating Wall Street's numbers. They see the Whiz deal adding 300 to 400 million to second quarter cloud growth and kept the buy rating with a $370 price target. All this positions, alphabet strong and AI races, even with risks like rising capex or search shifts, but those cloud and quantum pushes could keep the momentum rolling into