Alphabet shares tumble after revenue miss, cloud sales disappoint
Alphabet said on Tuesday it will spend $75 billion on its AI buildout this year, 29% more than Wall Street expected, and investors signaled disappointment at a missed cloud revenue target and began showing impatience over profitability.
Alphabet analysts see strength in the company's search and YouTube business segments, while questions around cloud and increased spending remain.
Shares of Google parent Alphabet tumbled Wednesday as several analysts lowered their price targets for the stock, citing concerns about the tech giant's weaker-than-expected cloud growth and plans to ...
Founders Capital Management LLC trimmed its stake in shares of Alphabet Inc. (NASDAQ:GOOG – Free Report) by 0.3% during the ...
Google parent company Alphabet (GOOGL) has released Gemini 2.0, its most advanced artificial intelligence (AI) model to the ...
U.S. stock indexes were edging lower on Wednesday morning after Alphabet Inc. posted a revenue miss and said it was [ramping up its spending on artificial intelligence.]( ...
China Universal Asset Management Co. Ltd. raised its holdings in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 36.0% in the ...
We recently published a list of Bill Ackman’s Stock Portfolio: Top 9 Stocks to Buy. In this article, we are going to take a ...
Alphabet Inc. (GOOGL) announced earnings for its fourth quarter that increased from the same period last year and beat the Street ...
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Alphabet is scheduled to report earnings after Tuesday’s close. The stock ($GOOGL) just hit a record high of $205.48/share ...
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