Alphabet’s Stock Drops After Google Cloud Miss; Investors Wary of $75B Data Center Spending
Alphabet reported $81.6B in Q4 revenue, below analysts’ $82.8B estimate. Google’s parent company announced $75B in 2025 capex, far above the expected $57.9B. Analysts warn
Alphabet’s Stock Drops 7% On Revenue Miss And A.I. Spending
For the fourth and final quarter of 2024, Alphabet announced earnings per share (EPS) of $2.15 U.S., which topped the consensus estimate of analysts that called for $2.12 U.S. The Silicon Valley-based company’s revenue of $96.47 billion U.S. missed the $96.56 billion U.S. expected on Wall Street. Sales were up 12% from a year earlier.
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’s (NASDAQ:GOOGL) Q4 Earnings Results: Revenue In Line With Expectations But Stock Drops
Online advertising giant Alphabet (NASDAQ:GOOGL) in Q4 CY2024, with sales up 11.8% year on year to $96.47 billion. Its GAAP profit of $2.15 per share was 1.2% above analysts’ consensus estimates. Is now the time to buy Alphabet?
Alphabet: Waymo Is Dominating Self-Driving
Discover why Waymo's multi-sensor approach is outperforming Tesla's camera-only strategy in the race towards fully autonomous ...
GOOGL Earnings: Alphabet Stock Falls 7% on Revenue Miss
Shares of Google parent company Alphabet (GOOGL) are down 7% after the technology company reported fourth-quarter 2024 ...
4 Reasons to Buy Alphabet Stock Like There's No Tomorrow
With the market just hitting new all-time highs and the average market valuation at the upper end of the historical range, ...
Alphabet: Google Cloud Miss Isn't As Bad As It Seems - I'm Buying The Dip
Alphabet's Q4 results were mixed, leading to a 7%+ stock drop in after-hours trading. Read why I think the dip in GOOGL stock ...
Earnings Preview: What To Expect From Alphabet
Alphabet is scheduled to report earnings after Tuesday’s close. The stock ($GOOGL) just hit a record high of $205.48/share ...
Alphabet (GOOGL) Is About to Report Q4 Earnings Tomorrow: Here’s What to Expect
Tech giant and Google parent Alphabet (GOOGL) is scheduled to announce its fourth-quarter results after the stock market ...
Is Waymo Friend or Foe to Uber?
The fast expansion of Waymo’s driverless car service is growing competition for Uber. The companies are also partners.
Alphabet plans massive capex hike, reports cloud revenue growth slowed
Alphabet said on Tuesday it will spend $75 billion on its AI buildout this year, 29% more than Wall Street expected, and ...