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 driven by an
Alphabet stock tumbles as AI spending plans exceed Wall Street forecasts
Alphabet shares fell 7.2 percent on Wednesday after reporting fourth-quarter revenue below Wall Street forecasts and revealing substantial spending plans for artificial intelligence (AI) expansion, according to CNBC. This decline marked the stock’s worst performance since January 2024.
Google Parent Alphabet’s Stock Tumbles Amid Worries Whether AI Spending Will Pay Off
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.
Alphabet Stock (GOOGL) Nosedives amid $75B AI Spending Concerns
Alphabet (GOOGL), the parent company of Google, has announced a $75 billion capital expenditure budget for 2025. This reflects a large increase
Google parent Alphabet plans $75 billion capital expenditures this year, misses on cloud revenue
Alphabet said on Tuesday it will spend $75 billion on its AI buildout this year, 29% more than Wall Street expected, while posting cloud revenue that missed analysts' target. The tech giant's shares were down 9% in extended trading.
Google parent Alphabet slides after sales miss Wall Street estimates
Excluding traffic acquisition costs, that figure was $81.6bn, missing Wall Street estimates in a Bloomberg poll of $82.8bn. Net income rose 28 per cent to $26.5bn. Alphabet shares dropped more than 6 per cent in after-hours trading.
GOOGL Earnings: Alphabet Stock Falls 7% on Revenue Miss
Shares of Google parent company Alphabet (GOOGL) are down 7% after the technology company reported fourth-quarter 2024 financial results that
NVDA Stock Warning: Alphabet Could Soon Rival Nvidia With AI Chip Business Worth ‘Billions’
According to a report from D.A. Davidson, the TPU and AI business could be worth $700 billion as a standalone entity, almost ...
Alphabet is showing the downside of being an AI stock
Alphabet has been talking nonstop about AI. Now investors are looking for proof that the company’s efforts are working.
Alphabet: 3 Reasons To Sell
Google's advertising segment faces a weak growth outlook in FY25 as it comes off an election year. Learn why GOOG stock is a ...
Horst & Graben Wealth Management LLC Boosts Stake in Alphabet Inc. (NASDAQ:GOOG)
Horst & Graben Wealth Management LLC grew its stake in shares of Alphabet Inc. (NASDAQ:GOOG – Free Report) by 28.8% in the ...
Stock market today: Alphabet and AMD weigh on a mixed Wall Street following their profit reports
Google's parent company and other tech stocks are weighing on a mixed Wall Street Wednesday as the focus swings back toward ...
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 ...
Why Alphabet Stock Was Sliding Today
As of 11:15 a.m. ET, the stock was down by 8.1%. Overall revenue rose 12% to $96.5 billion in Q4, slightly below analysts' ...
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 – ...
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Will Alphabet Stock Skyrocket on February 4th?
For three quarters running, Alphabet (Nasdaq: GOOG) (Nasdaq: GOOGL) has surprised and delighted its shareholders with ...
Watch These Alphabet Price Levels as Stock Tumbles After Earnings Report
Key Takeaways Alphabet shares fell sharply Wednesday as investors responded to the Google parent's weaker-than-expected ...