Google owner Alphabet's share price drops overnight - have investors had enough of spending on AI?
From a purely business financials perspective, a large part of the reason for the sell-off stemmed from slowing growth in data centres revenue. Google’s cloud business is a huge money driver and posted a 30 per cent increase in revenues, totalling nearly $12bn (£9.6bn).
Alphabet, parent company of search giant Google, said it will spend $75 billion in 2025 in the AI arms race, raising investor ...
Alphabet's fourth-quarter earnings showed slowing growth in its Cloud Services business and a bigger-than-expected capex ...
Despite the threat of DeepSeek, CEO Sundar Pichai said the company expected to spend about $75 billion in capital ...
Futurism on MSN2d
Google's Finances Are in Chaos as the Company Flails at Unpopular AIGoogle's parent company Alphabet failed to hit sales targets, falling a 0.1 percent short of Wall Street's revenue ...
A slowdown in cloud-computing sales dragged down Google’s revenue growth last quarter, knocking shares of parent company Alphabet. Its stock slid 7.5% ahead of the open. Read more: ...
2don MSN
Google’s parent company is weighing on a mixed Wall Street Wednesday as the focus swings back toward how much profit ...
MT Newswires on MSN3d
Alphabet Fourth-Quarter Revenue Misses View; Shares Decline After HoursAlphabet's (GOOG, GOOGL) fourth-quarter revenue trailed Wall Street's estimates, while the Google parent's earnings came in stronger than expected. Revenue advanced 12% to $96.47 billion, but missed ...
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