Alphabet shares fall as cloud growth concerns and AI spending rattle investors
Alphabet shares fell 8% on Wednesday as investors balked at the Google parent's slowing cloud growth and planned $75 billion capital spending for the year, underscoring growing fears over Big Tech's escalating artificial intelligence costs.
Alphabet stock tumbles after cloud revenue miss, spending growth
Google parent Alphabet (GOOG, GOOGL) reported its fourth quarter earnings after the bell on Tuesday, beating on earnings per share and coming in roughly even on revenue. But the company fell short on its important cloud segment revenue.
Alphabet stock falls on disappointing cloud growth, China probe
Google Services, which includes Google and YouTube advertising and subscriptions, rose 10% in the quarter to $84.1 billion, while it grew about 13% in Q3, year over year. Google Search, which includes Google ads, climbed 12% to $54 billion, about the same as last quarter.
Alphabet stock price: Google shares fall over cloud performance and AI spending worries
The search giant said it will spend a staggering $75 billion this year as the AI arms race heats up. Investors may have concerns about whether it will pay off. Shares in Google’s parent company, Alphabet (Nasdaq: GOOG),
Google Parent Alphabet's Stock Slides as Cloud Revenue Disappoints
Google parent Alphabet (GOOGL) reported fourth-quarter earnings that topped analysts' estimates, but its cloud revenue came in short, sending shares lower in extended trading Tuesday. The tech giant saw revenue grow 12% year-over-year to $96.
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Alphabet expects to invest about $75 billion in capital expenditures in 2025
Alphabet CEO Sundar Pichai said the company plans to invest about $75 billion in capital expenditures in 2025 as it continues ...
Alphabet is planning to spend big on AI again this year, sending shares down
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Stock market today: Nasdaq, S&P 500 slide as Alphabet and AMD earnings fall short
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