Alphabet has been talking nonstop about AI. Now investors are looking for proof that the company’s efforts are working.
Key Takeaways Shares of Google parent Alphabet tumbled Wednesday amid worries about whether the tech giant's spending on AI ...
Alphabet (GOOGL), the parent company of Google, has announced a $75 billion capital expenditure budget for 2025. This ...
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' ...
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 – ...
Follow all the latest U.S. market action for Wednesday here as Big Tech stocks again come under pressure on capex concerns.
Alphabet analysts see strength in the company's search and YouTube business segments, while questions around cloud and increased spending remain.
CFO Anat Ashkenazi pinned the blame on the earnings call on being "capacity constrained" in the cloud, pointing to still strong demand. But investors aren't having it, opting to dump the stock and ...
Alphabet (GOOG,GOOGL) stock is tumbling 7% this morning. The tech giant plans to spend more money on AI development than ...
Truist analyst Youssef Squali lowered the firm’s price target on Alphabet (GOOGL) to $220 from $225 but keeps a Buy rating on the shares. The ...