Alphabet Falls on Cloud Growth Fears
Stocks rise and fall in the short run based on quarterly results, but Alphabet still seems to be participating fully in the AI boom. CEO Sundar Pichai called out Alphabet's AI leadership, including AI-driven search overviews and the pervasiveness of artificial intelligence-related features across Alphabet's product and services suite.
Alphabet Faces Scrutiny on AI Spending as Google Cloud Growth Slows
Alphabet will face investor scrutiny over its massive spending on AI when it reports earnings on Tuesday, as revenue growth at the Google parent likely slowed in the holiday quarter due to a slowdown in its advertising and cloud businesses.
Cloud revenue in the quarter of $12 billion—a 30% increase from last year—just misses analysts’ estimates of $12.2 billion.
The shares of Alphabet Inc. (NASDAQ: GOOG) took a 6.9% hit in pre-market hours trading following the company's Q4 2024 earnings announcement on Feb. 5. Despite reporting revenue growth, Alphabet's ...
China Universal Asset Management Co. Ltd. raised its holdings in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 36.0% in the ...
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Alphabet Inc (GOOG) reports a 12% increase in Q4 revenue, with significant contributions from Google Cloud and YouTube, amidst challenges in network advertising and capacity constraints.
Alphabet Inc. (GOOG) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.
Founders Capital Management LLC trimmed its stake in shares of Alphabet Inc. (NASDAQ:GOOG – Free Report) by 0.3% during the ...
Alphabet Inc. (GOOGL) announced earnings for its fourth quarter that increased from the same period last year and beat the Street ...
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Alphabet Inc. (NASDAQ:GOOGL) stock experienced a significant decline in after-hours trading, falling approximately 7% to $192 ...
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