Alphabet shares fall as cloud growth concerns and AI spending rattle investors
Alphabet shares fell 8% on Wednesday as investors balked at the Google parent's slowing cloud growth and planned $75 billion capital spending for the year, underscoring growing fears over Big Tech's escalating artificial intelligence costs.
Alphabet Inc. (GOOGL) Faces Scrutiny Over AI Spending and Slowing Growth in Q4
We recently compiled a list of the 9 AI Stocks Investors Are Monitoring. In this article, we are going to take a look at where Alphabet Inc. (NASDAQ:GOOGL) stands against the other AI stocks. The European Commission has recently issued guidelines intended to standardize rules across the AI industry in Europe.
Google Parent Alphabet’s Stock Tumbles Amid Worries Whether AI Spending Will Pay Off
Key Takeaways Shares of Google parent Alphabet tumbled Wednesday amid worries about whether the tech giant's spending on AI will pay off. Several analysts lowered their price targets for the stock, citing concerns about the company's weaker-than-expected cloud growth and plans to ramp up spending on AI.
Google owner Alphabet's share price drops overnight - have investors had enough of spending on AI?
Generally speaking, investors do not appreciate slowing growth, as it suggests higher valuations (which are reflected in the share price) cannot be maintained or increased over longer periods. Even so,
Alphabet Inc. (GOOGL) – AI Advancements Fuel Search and Cloud Growth
We recently published a list of 10 Must-Watch AI Stocks Dominating Headlines. In this article we are going to look at where Alphabet Inc. (NASDAQ:GOOGL) stands against other must-watch AI stocks dominating headlines.
Google Parent Alphabet's Stock Slides as Cloud Revenue Disappoints
Google parent Alphabet (GOOGL) reported fourth-quarter earnings that topped analysts' estimates, but its cloud revenue came in short, sending shares lower in extended trading Tuesday. The tech giant saw revenue grow 12% year-over-year to $96.
Google parent Alphabet shares tank over 7% as cloud revenue takes a hit from rivals
Alphabet said Tuesday it will spend $75 billion on its AI buildout this year, 29% more than Wall Street expected, while posting cloud revenue that missed analysts’ target. The tech giant’s shares were down more than 7% in extended trading.
Alphabet Inc. (GOOGL) Misses Revenue Estimates, Boosts AI Investment to $75B
We recently compiled a list of the 12 High Flying AI Stocks This Week. In this article, we are going to take a look at where ...
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Alphabet’s (NASDAQ:GOOGL) Q4 Earnings Results: Revenue In Line With Expectations But Stock Drops
Online advertising giant Alphabet (NASDAQ:GOOGL) in Q4 CY2024, with sales up 11.8% year on year to $96.47 billion. Its GAAP ...
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Live Markets: GOOGL, AMD, AMZN Weigh on Nasdaq
Today's trading reveals technology investors see the glass half empty at the moment. A tech malaise fueled by Google parent ...
Alphabet (NASDAQ:GOOGL) Rolls Out its Latest AI Model to All Users
Tech giant Alphabet (GOOGL) brought out its earnings report earlier today, and in a baffling development, it proved catastrophic for share ...
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Alphabet (GOOGL) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Wall Street expects a year-over-year increase in earnings on higher revenues when Alphabet (GOOGL) reports results for the quarter ended December 2024. While this widely-known consensus outlook is ...
Masso Torrence Wealth Management Inc. Increases Holdings in Alphabet Inc. (NASDAQ:GOOGL)
Masso Torrence Wealth Management Inc. grew its holdings in Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 3.1% during the ...