Google parent Alphabet slides after sales miss Wall Street estimates
Excluding traffic acquisition costs, that figure was $81.6bn, missing Wall Street estimates in a Bloomberg poll of $82.8bn. Net income rose 28 per cent to $26.5bn. Alphabet shares dropped more than 6 per cent in after-hours trading.
Wall Street mixed in early trading
The tech-heavy Nasdaq index dipped 0.7% shortly after market open. Leading the losses was an 8% drop for Google parent ...
Despite the threat of DeepSeek, CEO Sundar Pichai said the company expected to spend about $75 billion in capital ...
One thing analysts called out in their first-look notes on Alphabet's results was that the company's $75 billion capital-expense forecast came in higher than what many were modeling. The target was ...
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Google to invest $75 billion in 2025 to expand AI infrastructureAlphabet has been investing substantially in infrastructure development to support AI research and its integration into products like search and cloud services. The $75 billion figure slated for ...
Alphabet (GOOGL), the parent company of Google, is scheduled to report fourth quarter results after the market close on Tuesday, February 4, ...
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AI Stocks Broadcom (AVGO) and Celestica (CLS) Soar after Google EarningsAI stocks are on the move after hours. The primary catalyst is earnings from Alphabet (Nasdaq: GOOGL). While Alphabet shares ...
Worries about President Trump’s tariffs are hurting U.S. stocks as financial markets worldwide drop on concerns about a ...
(Reuters) -Wall Street's main indexes were set for a lower open on Wednesday, with the tech-heavy Nasdaq on track to lead ...
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