Google owner Alphabet's share price drops overnight - have investors had enough of spending on AI?
From a purely business financials perspective, a large part of the reason for the sell-off stemmed from slowing growth in data centres revenue. Google’s cloud business is a huge money driver and posted a 30 per cent increase in revenues, totalling nearly $12bn (£9.6bn).
Alphabet faces scrutiny on AI spending as Google cloud growth slows
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 slowdown in its advertising and cloud businesses.
Google parent company Alphabet (GOOGL) has released Gemini 2.0, its most advanced artificial intelligence (AI) model to the ...
Alphabet is shrugging off concerns sparked by DeepSeek over AI spending, boosting its capital expenditures to a whopping $75 ...
US stocks opened lower Wednesday as the Nasdaq and S&P 500 felt impact from Alphabet, AMD and renewed AI worries.
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Alphabet reports fourth-quarter earnings after Tuesday's closing bell. Investors will be focused on cloud momentum and AI ...
Alphabet's fourth-quarter earnings day is here, with numbers expected to be released after the markets close Tuesday. This ...
Alphabet's Google on Wednesday announced updates to its Gemini family of large language models, including a new product line ...
Google parent company Alphabet is set to report fourth-quarter earnings after the bell Tuesday. Wall Street will be looking ...
Malik is optimistic about Alphabet's outlook, emphasizing their full stack approach and AI enhancements as major ...
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