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.
AI, Amazon and Google
Key Takeaways Shares of Google parent Alphabet tumbled Wednesday amid worries about whether the tech giant's spending on AI ...
Alphabet reports fourth-quarter earnings after Tuesday's closing bell. Investors will be focused on cloud momentum and AI ...
FY24 results showed 12% constant revenue growth and 31% EPS growth. Click here to find out why I reiterate a buy rating for ...
Alphabet's fourth-quarter earnings day is here, with numbers expected to be released after the markets close Tuesday. This ...
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 – ...
Alphabet's Google on Wednesday announced updates to its Gemini family of large language models, including a new product line ...
The company’s historical reluctance to engage in military AI projects stems from employee-led protests in 2018, when workers ...
2don MSN
Google’s digital ad sales continued to grow at a healthy clip during the holiday season, but that wasn’t enough to offset ...
However, some experts seem even more concerned about something else that might threaten Google’s progress in the coming year.
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