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.
Google owner Alphabet's share price drops overnight - have investors had enough of spending on AI?
From a purely business financials perspective, a large part of the reason for the sell-off stemmed from slowing growth in data centres revenue. Google’s cloud business is a huge money driver and posted a 30 per cent increase in revenues, totalling nearly $12bn (£9.6bn).
Amazon, Microsoft, Alphabet and Meta
Alphabet's Q4 earnings beat EPS estimates but missed revenue expectations, causing a sell-off. Read why I believe this is an ...
Alphabet Inc. (NASDAQ:GOOGL – Get Free Report) was down 0.2% during trading on Thursday after DZ Bank downgraded the stock ...
YouTube achieved record ad revenue thanks to the U.S. presidential election, with politicians on both sides doubling their ...
Alphabet's fourth-quarter earnings day is here, with numbers expected to be released after the markets close Tuesday. This ...
Google-parent Alphabet Inc shares lost 5% this week wiping of $200 billion in MCap from the US-based tech giant. Shares were trading lower in premarket session ahead of Friday’s Wall Street open.
Alphabet's Q4 results were mixed, leading to a 7%+ stock drop in after-hours trading. Read why I think the dip in GOOGL stock ...
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Alphabet said on Tuesday it will spend $75 billion on its AI buildout this year, 29% more than Wall Street expected, while ...
Alphabet, which held the stake through its Google LLC unit, sold its remaining 114,554 Snowflake shares in the fourth quarter. Google LLC first disclosed a stake of 535,604 Snowflake shares for the ...
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