Alphabet’s stock plunges on revenue miss and AI spending largesse
In a conference call with analysts, Pichai caused a bit of a stir when he said that the company plans to increase its capital expenditure to $75 billion in fiscal 2025 as part of an effort to build out its AI infrastructure. That’s much more than the $58.84 billion that analysts were expecting the company to spend in the coming year.
Alphabet has seen ‘one of the more negative reactions to earnings reports this earnings season,’ says Bespoke Investment ...
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Alphabet analysts see strength in the company's search and YouTube business segments, while questions around cloud and increased spending remain.
Alphabet is scheduled to report earnings after Tuesday’s close. The stock ($GOOGL) just hit a record high of $205.48/share ...
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The internet giant reported cloud sales that narrowly missed Wall Street’s estimates, worrying investors about the company’s ...
China Universal Asset Management Co. Ltd. raised its holdings in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 36.0% in the ...
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Oppenheimer analyst Jason Helfstein maintained an Outperform rating and raised the price target from $215 to $225 on Jan. 30, 2025. This analyst has an accuracy rate of 80%. Scotiabank analyst Nat ...
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Alphabet Inc (GOOG) reports a 12% increase in Q4 revenue, with significant contributions from Google Cloud and YouTube, amidst challenges in network advertising and capacity constraints.
Google parent Alphabet Inc.’s shares dropped in premarket trading after slower growth in its cloud business contributed to ...
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