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 ...
BERLIN, GERMANY - MAY 25: Sundar Pichai, CEO Google and Alphabet attends the Germany Women and ... [+] Google Partnership event at Google office on May 25, 2023 in Berlin, Germany. (Photo by Boris ...
Feb 5 (Reuters) - Alphabet (GOOGL.O), opens new tab shares fell 8% on Wednesday as investors balked at the Google parent's slowing cloud growth and planned $75 billion capital spending for the ...
(Bloomberg) -- Google parent Alphabet Inc.’s shares dropped in premarket trading after slower growth in its cloud business contributed to lower-than-expected revenue in the fourth quarter.
Shares fall 9% after hours Alphabet's $75 billion AI investment exceeds Wall Street expectations Cloud revenue growth slows, missing analyst expectations Digital ad revenue rises, driven by U.S ...
Alphabet Revenue: $350 billion for 2024, up 14% year-over-year. Q4 Revenue: $96.5 billion, a 12% increase year-over-year. Google Services Revenue: $84.1 billion in Q4, up 10% year-over-year.
The small shortfall underscored the fact that Alphabet's cloud computing growth is slowing. Except that as the chart below shows, going all the way back to early 2020, Google Cloud's top and ...
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Google parent Alphabet (GOOGL) reported fourth-quarter earnings that topped analysts' estimates, but its cloud revenue came in short, sending shares lower in extended trading Tuesday. The tech ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Alphabet shares dropped sharply after slowing growth in the Google parent’s cloud business and plans to ...
One thing analysts called out in their first-look notes on Alphabet's results was that the company's $75 billion capital-expense forecast came in higher than what many were modeling. The target ...
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