Alphabet shares fall as cloud growth concerns and AI spending rattle investors
Alphabet shares fell 8% on Wednesday as investors balked at the Google parent's slowing cloud growth and planned $75 billion capital spending for the year, underscoring growing fears over Big Tech's escalating artificial intelligence costs.
Alphabet has been talking nonstop about AI. Now investors are looking for proof that the company’s efforts are working.
Alphabet analysts see strength in the company's search and YouTube business segments, while questions around cloud and increased spending remain.
Alphabet is scheduled to report earnings after Tuesday’s close. The stock ($GOOGL) just hit a record high of $205.48/share ...
Alphabet has seen ‘one of the more negative reactions to earnings reports this earnings season,’ says Bespoke Investment ...
In a conference call with analysts, Pichai caused a bit of a stir when he said that the company plans to increase its capital ...
China Universal Asset Management Co. Ltd. raised its holdings in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 36.0% in the ...
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La matriz de Google, Alphabet Inc., registró ingresos del cuarto trimestre que no alcanzaron las expectativas de los ...
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