Alphabet, Broadcom
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.
Alphabet Inc. has become an artificial-intelligence stock, for better or for worse. Though advertising still makes up the ...
Key Takeaways Shares of Google parent Alphabet tumbled Wednesday amid worries about whether the tech giant's spending on AI ...
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 – ...
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 shrugging off concerns sparked by DeepSeek over AI spending, boosting its capital expenditures to a whopping $75 ...
US stocks reverse early losses to end higher on Wednesday despite Alphabet's drop. Investors shift to other firms with strong ...
BigBear.ai and C3.ai operate in the hot AI field, but neither are profitable companies. C3.ai relied on a partner network to ...
Alphabet shares fell 8% on Wednesday as investors balked at the Google parent's slowing cloud growth and planned $75 billion ...
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