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Alphabet shares fall more than 7% on revenue miss, heightened AI investments
Alphabet shares dropped after the search giant fell short of Wall Street’s fourth-quarter revenue expectations and announced big spending plans
Alphabet shares drop as much as 9% on revenue miss, soaring AI investments
Alphabet shares fell more than 9% in after-hours trading Tuesday after the company reported fourth-quarter results that missed on revenue expectations and announced more artificial intelligence investments. Earnings per share for the Google parent company beat analysts' estimates by two cents. Here are other numbers Wall Street was watching:
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.
8h
Wall Street indices edge lower as tech earnings disappoint
Tech stocks plunged following disappointing earnings and guidance, with Google-parent Alphabet, Uber, and chipmaker AMD among ...
22h
Is Google's spending target spooking Wall Street?
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 ...
1d
on MSN
Spotify Stock Jumps. Why Wall Street Is Cheering the Streamer’s First Full-Year Profit.
Spotify Technology shares were rising Tuesday after the audio streamer said it had added more subscribers than Wall Street ...
23h
Asia-Pacific markets set to rise as Wall Street looks past trade developments
South Korea’s consumer price index for January rose 0.7% month on month and 2.2% annually, missing Reuters’ 1.97% estimate.
7d
on MSN
Microsoft Reports 10% Quarterly Profit Growth as It Works to Show AI Investments Paying Off
Microsoft said Wednesday that its profit for the October-December quarter grew 10% from the same time last year as it works ...
2d
Palantir Earnings Demolish Expectations on AI Growth. The Stock Is Zooming.
In the 17 reporting periods since it became public, Palantir has beaten the analyst consensus for sales in all but one quarter.
7d
All Eyes on Microsoft Stock Ahead of Earnings; Here’s What Goldman Sachs Expects
Microsoft (NASDAQ:MSFT) has lagged behind the NASDAQ over the past year but is off to a strong start in 2025, outperforming ...
8d
General Motors swings to fourth quarter loss on toughening China conditions, but tops expectations
General Motors swung to a loss in the fourth quarter on an increasingly difficult environment in China, but still topped ...
7d
on MSN
Starbucks reports better-than-expected quarterly sales as turnaround efforts begin
Starbucks has reported better-than-expected sales in its fiscal first quarter as some of its turnaround efforts start to take ...
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