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.
Investors focused most intensely on Alphabet’s cloud services business which generated lower-than-expected revenue, a weak ...
Alphabet has been talking nonstop about AI. Now investors are looking for proof that the company’s efforts are working.
Alphabet is shrugging off concerns sparked by DeepSeek over AI spending, boosting its capital expenditures to a whopping $75 ...
FY24 results showed 12% constant revenue growth and 31% EPS growth. Click here to find out why I reiterate a buy rating for ...
Anat Ashkenazi took over the CFO post at Alphabet at the end of July. This coming earnings report will be an early test of ...
Alphabet's fourth-quarter earnings day is here, with numbers expected to be released after the markets close Tuesday. This ...
Alphabet CFO Anat Ashkenazi says AI demand outpaces supply, driving massive investments in data centres and advanced GPUs to ...
Google parent company Alphabet (GOOGL) has released Gemini 2.0, its most advanced artificial intelligence (AI) model to the ...
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