Shares of Google parent Alphabet tumbled Wednesday amid worries about whether the tech giant's spending on AI will pay off. Several analysts lowered their price targets for the stock, citing ...
Google / Alphabet reported its Q4 2024 earnings last night, where its ad revenue hit $72.46 billion, up 10.6% from last year's quarter of $65.52 billion. Google's revenue was up 12% with $96.47 ...
The parent company of Google, Alphabet (GOOG), saw its share price open on Wednesday more than seven per cent lower than Tuesday’s close, following their latest financial results release.
Alphabet has been spending heavily on an infrastructure buildout to support AI research and integration into products such as search and cloud services. Google asks US appeals court to overturn ...
Alphabet missed Wall Street estimates for quarterly revenue on Tuesday, in a sign the Google parent was taking a hit from increased competition in the digital advertising market and a slowdown in ...
Investors may have concerns about whether it will pay off. Shares in Google’s parent company, Alphabet (Nasdaq: GOOG), are down nearly 7% in premarket trading at the time of this writing.
The tech giant's shares were down 8% in extended trading. Alphabet has gained about 9% so far this year. Google's Cloud business posted a 30% rise in revenue to $11.96 billion in the fourth quarter, ...
and store files on Google Drive. Alphabet reported its 2024 fourth-quarter earnings on Tuesday, February 4, with EPS of $2.15, $0.03 better than the analyst estimate of $2.12. Revenue for the ...
With Google's disappointing Q4 growth, there's a silver lining for Nvidia. Alphabet CEO Sundar Pichai doesn't sound worried about the threat from DeepSeek disrupting the artificial intelligence ...
2025 spending plans raise fears of margin pressure. Alphabet (GOOGL), the tech behemoth behind Google, has landed in Wall Street’s crosshairs following a fourth-quarter earnings report that ...
A slowdown in cloud-computing sales growth dragged down Google’s revenue expansion last quarter, knocking shares of parent company Alphabet. Its stock slid about 8% on Wednesday morning.
Slowing growth in Alphabet's cloud business and a bigger-than-expected capex forecast for 2025 dragged shares down more than 8% in postmarket trading. The Google parent company, which reported ...