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 $58.84 billion that analysts were expecting the company to spend in the coming year.
Alphabet is scheduled to report earnings after Tuesday’s close. The stock ($GOOGL) just hit a record high of $205.48/share ...
Google stock is relatively inexpensive to own after the post-earnings decline. Jim Cramer questions if Alphabet has turned ...
A Chinese software engineer who worked for Alphabet Inc.’s Google faces new charges of economic espionage by the US Justice Department for allegedly stealing trade secrets to boost China’s AI industry ...
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Google’s digital ad sales continued to grow at a healthy clip during the holiday season, but that wasn’t enough to offset ...
Google’s Q4 results highlight its focus on AI. Overall revenue increased 12%, and the cloud business grew 30%. Profits ...
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Alphabet Inc (GOOG) reports a 12% increase in Q4 revenue, with significant contributions from Google Cloud and YouTube, amidst challenges in network advertising and capacity constraints.
Alphabet, the parent company of technology giant Google, is no longer promising that it will never use artificial ...
Google parent Alphabet’s stock plunged by more than 8% in early trading Wednesday after the search giant unveiled plans for a ...
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