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 ...
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 ...
Alphabet Plans Massive Capex Hike, Reports Cloud Revenue Growth Slowed By Kenrick Cai, Deborah Mary Sophia (Reuters) -Alphabet said on Tuesday it will spend $75 billion on its AI buildout this ...
U.S. stock indexes were edging lower on Wednesday morning after Alphabet Inc. posted a revenue miss and said it was ramping up its spending on artificial intelligence. The Nasdaq Composite was ...
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The S&P 500 and Nasdaq Composite fell Wednesday after mixed quarterly figures from Alphabet and chipmaker AMD led the tech sector lower. A decline in Apple also put pressure on the major indexes.
(Reuters) -Wall Street's main indexes were set for a lower open on Wednesday, with the tech-heavy Nasdaq on track to lead losses following disappointing forecasts from Alphabet and AMD in a busy ...
NEW YORK (AP) — Wall Street drifted higher Wednesday as gains for most stocks outweighed drops for Alphabet and some other big-name companies following their latest profit reports. The S&P 500 ...
The Dow Jones Industrial Average was flat, and the Nasdaq composite was down 0.6%. Alphabet fell even though Google’s parent company reported stronger profit for the latest quarter than analysts ...
Alphabet Inc. GOOG was down 6.95% as it reported better-than-expected fourth-quarter earnings, while sales missed estimates. Google Cloud revenue was up 30% year-over-year to $12 billion.
THE tech-heavy Nasdaq led losses among the major Wall Street indexes at the open on Wednesday (Feb 5), following downbeat forecasts from Alphabet and AMD in a busy day for corporate earnings. The Dow ...