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Alphabet Stock Falls 7% on Revenue Miss
Alphabet is showing the downside of being an AI stock
Alphabet has been talking nonstop about AI. Now investors are looking for proof that the company’s efforts are working.
Alphabet’s stock plunges on revenue miss and AI spending largesse
In a conference call with analysts, Pichai caused a bit of a stir when he said that the company plans to increase its capital expenditure to $75 billion in fiscal 2025 as part of an effort to build out its AI infrastructure. That’s much more than the $58.84 billion that analysts were expecting the company to spend in the coming year.
GOOGL Earnings: Alphabet Stock Falls 7% on Revenue Miss
Shares of Google parent company Alphabet (GOOGL) are down 7% after the technology company reported fourth-quarter 2024 financial results that
Alphabet Slides
Alphabet Revenue Disappoints Investors on Weak Cloud Sales
The internet giant reported cloud sales that narrowly missed Wall Street’s estimates, worrying investors about the company’s A.I. business.
Alphabet expands CapEx forecast amid Cloud's Q4 revenue miss
Alphabet's (GOOGL, GOOG) stock dropped by nearly 7% in after-hours trading after reporting fourth quarter earnings results, posting revenue of $96.47 billion (short of estimates for $96.62 billion) and adjusted earnings per share of $2.
Alphabet Slides After Cloud Sales Fall Short of Expectations
Google parent Alphabet Inc. posted fourth-quarter revenue that missed analysts’ expectations as growth in its cloud business slowed. The shares fell more than 8%.
20h
on MSN
Alphabet is planning to spend big on AI again this year, sending shares down
Alphabet's fourth-quarter earnings showed slowing growth in its Cloud Services business and a bigger-than-expected capex ...
1d
Alphabet earnings: What to expect on AI and the cloud, with Google parent’s stock near a record
Alphabet reports fourth-quarter earnings after Tuesday's closing bell. Investors will be focused on cloud momentum and AI ...
1d
on MSN
Trade Tracker: Joe Terranova buys Alphabet and sells Microsoft
Joe Terranova, Senior Managing Director for Virtus Investment Partners, joins CNBC's "Halftime Report" to explain his latest ...
20h
Alphabet Plans Massive Capex Hike, Reports Cloud Revenue Growth Slowed
Google's cloud business posted a 30% rise in revenue to $11.96 billion in the fourth quarter, slowing down from the 35% ...
2h
Alphabet shares tank 7% on revenue lag, bump up in AI spending
Alphabet is set to invest $75 billion in capital expenditures, focusing on ramping up its AI capabilities and expanding data ...
ThePrint
7h
Alphabet shares bear brunt of worries on massive AI spend, sluggish cloud growth
Alphabet shares dropped about 7% in premarket trading on Wednesday as investors were disappointed by the company's slowing cloud growth and concerned about its hefty investment to build ...
2h
on MSN
Alphabet’s $75 Billion Spending Plan Surprised Wall Street. How the Stock Can Recover.
Alphabet was falling on Wednesday as it shocked the market with its heavy spending plan. Wall Street analysts say it can ...
Hosted on MSN
7h
Alphabet’s Stock Drops After Google Cloud Miss; Investors Wary of $75B Data Center Spending
Alphabet reported $81.6B in Q4 revenue, below analysts’ $82.8B estimate. Google’s parent company announced $75B in 2025 capex ...
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