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.
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From a purely business financials perspective, a large part of the reason for the sell-off stemmed from slowing growth in ...
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.]( ...
Founders Capital Management LLC trimmed its stake in shares of Alphabet Inc. (NASDAQ:GOOG – Free Report) by 0.3% during the ...
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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.
Alphabet Inc. (GOOGL) announced earnings for its fourth quarter that increased from the same period last year and beat the Street ...
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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US stocks opened lower Wednesday as the Nasdaq and S&P 500 felt impact from Alphabet, AMD and renewed AI worries.
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