Slowing growth in Alphabet's cloud business and a bigger-than-expected capex forecast for 2025 dragged shares down more than 8% in postmarket trading. The Google parent company, which reported ...
Big Tech stocks were under pressure Wednesday, as shares of U.S. stock market giants, including Google parent Alphabet Inc., struggled in the wake of their recently reported earnings results.
Alphabet Plans Massive Capex Hike, Reports Cloud Revenue Growth Slowed By Kenrick Cai, Deborah Mary Sophia (Reuters) -Alphabet said on Tuesday it will spend $75 billion on its AI buildout this ...
The Nasdaq Composite closed 262.06 points, or 1.35%, higher at 19,654.02. Alphabet share price plunged 7.27% in after-market trading after its quarterly results, Palantir shares jumped 24%.
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Spotify Technology S.A.-0.46% $122.67B ...
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