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:
Alphabet shares tumble after revenue miss, cloud sales disappoint
Alphabet said on Tuesday it will spend $75 billion on its AI buildout this year, 29% more than Wall Street expected, and investors signaled disappointment at a missed cloud revenue target and began showing impatience over profitability.
Alphabet's fourth-quarter earnings showed slowing growth in its Cloud Services business and a bigger-than-expected capex ...
Alphabet is shrugging off concerns sparked by DeepSeek over AI spending, boosting its capital expenditures to a whopping $75 ...
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Meta, Microsoft, and Google parent Alphabet are expecting a cumulative $228 billion in capital expenditures in 2025, driven ...
Google parent company Alphabet (GOOGL) has released Gemini 2.0, its most advanced artificial intelligence (AI) model to the ...
Big tech continues to invest heavily in AI even as investors eagerly watch for indications that it’s paying off.
YouTube achieved record ad revenue thanks to the U.S. presidential election, with politicians on both sides doubling their ...
Investors focused most intensely on Alphabet’s cloud services business which generated lower-than-expected revenue, a weak forecast, and aims to spend $75 billion – ...
Tech giant Alphabet (GOOGL) brought out its earnings report earlier today, and in a baffling development, it proved catastrophic for share ...
Alphabet shares dropped about 7% in premarket trading on Wednesday as investors were disappointed by the company's slowing ...
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