Alphabet’s stock plunges on revenue miss and AI spending largesse
In a conference call with analysts, Pichai caused a bit of a stir when he said that the company plans to increase its capital expenditure to $75 billion in fiscal 2025 as part of an effort to build out its AI infrastructure. That’s much more than the $58.84 billion that analysts were expecting the company to spend in the coming year.
The internet giant reported cloud sales that narrowly missed Wall Street’s estimates, worrying investors about the company’s ...
Shares of Google parent Alphabet tumbled Wednesday as several analysts lowered their price targets for the stock, citing concerns about the tech giant's weaker-than-expected cloud growth and plans to ...
Alphabet is scheduled to report earnings after Tuesday’s close. The stock ($GOOGL) just hit a record high of $205.48/share ...
Alphabet has seen ‘one of the more negative reactions to earnings reports this earnings season,’ says Bespoke Investment ...
Google stock is relatively inexpensive to own after the post-earnings decline. Jim Cramer questions if Alphabet has turned ...
A Chinese software engineer who worked for Alphabet Inc.’s Google faces new charges of economic espionage by the US Justice Department for allegedly stealing trade secrets to boost China’s AI industry ...
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Google’s digital ad sales continued to grow at a healthy clip during the holiday season, but that wasn’t enough to offset ...
China Universal Asset Management Co. Ltd. raised its holdings in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 36.0% in the ...
Alphabet analysts see strength in the company's search and YouTube business segments, while questions around cloud and increased spending remain.
Alphabet Inc.’s Google removed a passage from its artificial intelligence principles that pledged to avoid using the ...
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