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 Faces Scrutiny on AI Spending as Google Cloud Growth Slows
Alphabet will face investor scrutiny over its massive spending on AI when it reports earnings on Tuesday, as revenue growth at the Google parent likely slowed in the holiday quarter due to a slowdown in its advertising and cloud businesses.
Alphabet, AMD earnings spark Nasdaq, S&P 500 dip
Google parent company Alphabet (GOOGL) has released Gemini 2.0, its most advanced artificial intelligence (AI) model to the ...
Alphabet's fourth-quarter earnings day is here, with numbers expected to be released after the markets close Tuesday. This ...
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Alphabet said on Tuesday it will spend $75 billion on its AI buildout this year, 29% more than Wall Street expected, while ...
Alphabet has been talking nonstop about AI. Now investors are looking for proof that the company’s efforts are working.
As of 11:15 a.m. ET, the stock was down by 8.1%. Overall revenue rose 12% to $96.5 billion in Q4, slightly below analysts' ...
Alphabet's Google on Wednesday announced updates to its Gemini family of large language models, including a new product line ...
Alphabet reports fourth-quarter earnings after Tuesday's closing bell. Investors will be focused on cloud momentum and AI ...
Alphabet's Q4 results were mixed, leading to a 7%+ stock drop in after-hours trading. Read why I think the dip in GOOGL stock ...
(Reuters) -Alphabet missed Wall Street estimates for quarterly revenue on Tuesday, in a sign the Google parent was taking a ...
Google owner Alphabet has removed its commitment to avoiding AI applications for weapons and surveillance from its ethical ...
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