US stocks opened lower Wednesday as the Nasdaq and S&P 500 felt impact from Alphabet, AMD and renewed AI worries.
Tech giants face investor scrutiny as Wall Street grapples with mixed earnings reports and ongoing economic uncertainties.
Cloud revenue in the quarter of $12 billion—a 30% increase from last year—just misses analysts’ estimates of $12.2 billion.
Follow all the latest U.S. market action for Wednesday here as Big Tech stocks again come under pressure on capex concerns.
Investors focused most intensely on Alphabet’s cloud services business which generated lower-than-expected revenue, a weak forecast, and aims to spend $75 billion – ...
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Sutton Place Investors LLC lifted its stake in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 12.3% in the fourth quarter, ...
Google parent Alphabet is slated to report its fourth-quarter results after the market closes Tuesday, with analysts mostly bullish on the tech giant's stock.
Field & Main Bank decreased its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 2.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 30,000 shares of the ...
U.S. stock futures point lower as investors evaluate disappointing tech earnings, shares of Alphabet drop as the Google parent's cloud revenue falls short of estimates, and Advanced Micro Devices ...