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 is planning to spend big on AI again this year, sending shares down
Alphabet's fourth-quarter earnings showed slowing growth in its Cloud Services business and a bigger-than-expected capex forecast for 2025.
Alphabet Q4: Rising CAPEX Spending Driven By AI And Cloud
FY24 results showed 12% constant revenue growth and 31% EPS growth. Click here to find out why I reiterate a buy rating for GOOGL stock.
Alphabet shares bear brunt of worries on massive AI spend, sluggish cloud growth
Alphabet shares dropped about 7% in premarket trading on Wednesday as investors were disappointed by the company's slowing cloud growth and concerned about its hefty investment to build artificial intelligence (AI) infrastructure.
Alphabet shares fall more than 7% on revenue miss, heightened AI investments
Alphabet shares dropped after the search giant fell short of Wall Street's fourth-quarter revenue expectations and announced big spending plans
Alphabet plans to invest $75bn in AI
Alphabet, the parent company of Google, is planning to invest $75bn in AI infrastructure in 2025. This move is aimed at bolstering the company's capabilities in AI research and the integration of AI into products such as cloud and search services,
Alphabet shares fall as growth in the AI-backed cloud business slows
Alphabet has reported fourth quarter earnings that missed analysts' estimates in revenue as growth in Google Cloud slowed. View on euronews
Alphabet praises DeepSeek, but it’s massively ramping up its AI spending
Alphabet is shrugging off concerns sparked by DeepSeek over AI spending, boosting its capital expenditures to a whopping $75 ...
Broadcom Stock (AVGO) Surges on Alphabet’s $75B AI Spending Plans
Broadcom (AVGO) stock surged 4.3% on Wednesday and gained another 1.5% in today’s pre-market trading session. This surge was ...
Alphabet earnings: What to expect on AI and the cloud, with Google parent’s stock near a record
Alphabet reports fourth-quarter earnings after Tuesday's closing bell. Investors will be focused on cloud momentum and AI ...
Alphabet earnings live updates: AI, Gemini 2.0, Google Cloud, and more
Alphabet's fourth-quarter earnings day is here, with numbers expected to be released after the markets close Tuesday. This ...
Tech giants are lining up over $300 billion in AI spend. Their CEOs are betting cheaper models will drive up AI demand.
Meta, Google, Amazon, and Microsoft are ramping up their AI capex spend, despite investor concerns that it's undermined by ...
As Alphabet Stock Drops, $75 Billion AI Bet Aims To Boost Growth
Investors focused most intensely on Alphabet’s cloud services business which generated lower-than-expected revenue, a weak forecast, and aims to spend $75 billion – ...