Key Takeaways Shares of Google parent Alphabet tumbled Wednesday amid worries about whether the tech giant's spending on AI will pay off. Several analysts lowered their price targets for the stock, citing concerns about the company's weaker-than-expected cloud growth and plans to ramp up spending on AI.

Cloud revenue in the quarter of $12 billion—a 30% increase from last year—just misses analysts’ estimates of $12.2 billion.

Alphabet reports fourth-quarter earnings after Tuesday's closing bell. Investors will be focused on cloud momentum and AI traction, with shares of the Google and YouTube parent company holding fast near the record levels achieved last week.

Shares of Google parent company Alphabet (GOOGL) are down 7% after the technology company reported fourth-quarter 2024 financial results that

Alphabet's fourth-quarter earnings day is here, with numbers expected to be released after the markets close Tuesday. This will be followed by an earnings call at roughly 4:30 p.m. ET. The stock has been riding high over the past month as investors grew bullish over Google's AI investment.

Key Takeaways Google parent Alphabet is set to report fourth-quarter results after the market closes Tuesday, with analysts mostly bullish on the tech giant's stock.Analysts expect the tech giant to report growing revenue and profits.

Q4 earnings are just around the corner. Google’s parent company, Alphabet, is set to announce its highly anticipated

Alphabet’s GOOGL fourth-quarter 2024 results, scheduled to be released on Feb. 4, are likely to benefit from its expanded cloud service offerings. Find the latest EPS estimates and surprises on Zacks Earnings Calendar.