Alphabet shares drop as much as 9% on revenue miss, soaring AI investments
Alphabet shares fell more than 9% in after-hours trading Tuesday after the company reported fourth-quarter results that missed on revenue expectations and announced more artificial intelligence investments. Earnings per share for the Google parent company beat analysts' estimates by two cents. Here are other numbers Wall Street was watching:
A slowdown in cloud-computing sales dragged down Google’s revenue growth last quarter, knocking shares of parent company Alphabet. Its stock slid 7.5% ahead of the open. Read more: ...
Google reported mixed Q4 earnings with an EPS beat and revenue miss, causing shares to drop 7%. Read why I remain very ...
The headline so far is that Google Cloud brought in $11.96 billion in revenue during the last quarter, missing analyst ...
Alphabet said on Tuesday it will spend $75 billion on its AI buildout this year, 29% more than Wall Street expected, and ...
Follow along for live updates on stocks, bonds and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq ...
Google's strong financial performance, growth in Cloud segment, and innovation in autonomous mobility highlight its ...
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From a purely business financials perspective, a large part of the reason for the sell-off stemmed from slowing growth in ...
Google plans to spend $75 billion on further building out AI infrastructure in 2025; the company said current demand for AI ...
Amazon Web Services growth will be a major factor in Amazon's earnings report Thursday, along with questions about AI demand ...
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Chinese telecommunications and smartphone giant Huawei continues to grow and take market share from Apple, despite U.S. restrictions.
Alphabet (GOOGL), the tech behemoth behind Google, has landed in Wall Street’s crosshairs following a fourth-quarter earnings ...
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