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 $58.84 billion that analysts were expecting the company to spend in the coming year.
Alphabet has seen ‘one of the more negative reactions to earnings reports this earnings season,’ says Bespoke Investment ...
Alphabet analysts see strength in the company's search and YouTube business segments, while questions around cloud and increased spending remain.
US stocks reverse early losses to end higher on Wednesday despite Alphabet's drop. Investors shift to other firms with strong ...
Alphabet is scheduled to report earnings after Tuesday’s close. The stock ($GOOGL) just hit a record high of $205.48/share ...
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 ...
China Universal Asset Management Co. Ltd. raised its holdings in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 36.0% in the ...
Google parent company Alphabet (GOOGL) has released Gemini 2.0, its most advanced artificial intelligence (AI) model to the ...
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Meta, Microsoft, and Google parent Alphabet are expecting a cumulative $228 billion in capital expenditures in 2025, driven ...
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