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.
Shares of Google parent Alphabet had closed at an all-time high ahead of its fourth-quarter earnings report released Tuesday.
Google’s Q4 2024 earnings report was published late this afternoon. The company tallied $96.47 billion in revenue, which just ...
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Alphabet's big spending plans surprised Wall Street. The news should soothe investors worried about last week's DeepSeek ...
This major Wall Street analyst firm just revised its Google stock price target, while retaining its previous rating.
Alphabet shares fell sharply Wednesday as investors responded to the Google parent's weaker-than-expected revenue numbers and big AI spending plans. Monitor these important chart levels.
The tech-heavy Nasdaq index dipped 0.7% shortly after market open.
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