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Alphabet is showing downside of being an AI stock
Alphabet is showing the downside of being an AI stock
Alphabet has been talking nonstop about AI. Now investors are looking for proof that the company’s efforts are working.
Alphabet Earnings Beat Expectations. Why the Stock Is Tumbling.
Cloud revenue in the quarter of $12 billion—a 30% increase from last year—just misses analysts’ estimates of $12.2 billion.
Why Alphabet Stock Was Sliding Today
As of 11:15 a.m. ET, the stock was down by 8.1%. Overall revenue rose 12% to $96.5 billion in Q4, slightly below analysts' consensus estimate of $96.67 billion. That revenue growth was balanced with search revenue up 12.5% to $54 billion, YouTube up 13.8% to $10.5 billion, and its third-party Google Network ad revenue continuing to decline.
2h
on MSN
Alphabet Stock Tumbles After Earnings. The Google-Parent Is Headed to Its Largest Market-Cap Drop Ever.
Cloud revenue in the quarter of $12 billion—a 30% increase from last year—just misses analysts’ estimates of $12.2 billion.
2h
on MSN
Stock market decline: Alphabet, AMD earnings spark Nasdaq, S&P 500 dip
US stocks opened lower Wednesday as the Nasdaq and S&P 500 felt impact from Alphabet, AMD and renewed AI worries.
3h
U.S. stocks open lower after weak Alphabet earnings, strong ADP employment report
U.S. stock indexes were edging lower on Wednesday morning after Alphabet Inc. posted a revenue miss and said it was [ramping up its spending on artificial intelligence.]( ...
Bill McEwen
20m
Stock Market Today: Alphabet and AMD Weigh on Mixed Wall Street
Tech giants face investor scrutiny as Wall Street grapples with mixed earnings reports and ongoing economic uncertainties.
7h
Alphabet Inc. (NASDAQ:GOOG) Shares Bought by China Universal Asset Management Co. Ltd.
China Universal Asset Management Co. Ltd. raised its holdings in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 36.0% in the ...
1h
Stock Market Today: S&P 500, Nasdaq Fall; Google, AMD in Focus
Follow along for live updates on stocks, bonds and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Hosted on MSN
3h
Alphabet Stock Pulls Back From Record Highs After Slight Q4 Revenue Miss: Retail Swoops In To Buy The Dip
Alphabet, Inc. (GOOGL) (GOOG) shares pulled back in Wednesday’s after-hours session after the search giant reported a slight ...
8h
Clear Creek Financial Management LLC Has $2.93 Million Stock Position in Alphabet Inc. (NASDAQ:GOOG)
Clear Creek Financial Management LLC reduced its position in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 8.8% during the 4th ...
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