CEO Sundar Pichai defended the dramatic increase on a conference call with analysts, who are raising new questions about capital spending.

US stocks reverse early losses to end higher on Wednesday despite Alphabet's drop. Investors shift to other firms with strong ...

February 5, Fineko/abc.az. Alphabet (Google's parent company) increased its net profit by 28% in the 4th quarter of 2024, to $26.5 billion. ABC.AZ informs that revenue grew by 12% up to $96.5 billion.

Slowing growth in Alphabet's cloud business and a bigger-than-expected capex forecast for 2025 dragged shares down more than 8% in postmarket trading. The Google parent company, which reported ...

Google-parent Alphabet dropped 7.5% in premarket trading after posting a deceleration in cloud revenue growth, missing analysts' expectations, News.Az reports, citing Reuters. The company also said it ...

Spotify Technology S.A. 2.80% $125.12B ...

Alphabet GOOGL.O said on Tuesday it will spend $75 billion on its AI buildout this year, 29% more than Wall Street expected, and investors signaled disappointment at a missed cloud revenue ...

The S&P 500 and the Nasdaq slipped on Wednesday, with Alphabet the biggest drag after the tech giant's dour cloud revenue and hefty investments into artificial intelligence disappointed investors, ...

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One thing analysts called out in their first-look notes on Alphabet's results was that the company's $75 billion capital-expense forecast came in higher than what many were modeling. The target ...

Alphabet narrowly missed top-line estimates for the fourth quarter. Cloud growth was strong, but a bit weaker than expectations. The company expects to increase its capital expenditures to $75 ...

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