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.
The tech-heavy Nasdaq index dipped 0.7% shortly after market open.
The Google stock price has soared to the highest level on record, continuing a trend that started when it went public. GOOG has jumped by 35% in the last 12 months, underperforming other companies in ...
Google reported mixed Q4 earnings with an EPS beat and revenue miss, causing shares to drop 7%. Read why I remain very ...
Shares of Google parent Alphabet had closed at an all-time high ahead of its fourth-quarter earnings report released Tuesday.
2don MSN
Google on Wednesday announced updates to its Gemini family of large language models, including a new product line with ...
Alphabet's big spending plans surprised Wall Street. The news should soothe investors worried about last week's DeepSeek ...
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.
This major Wall Street analyst firm just revised its Google stock price target, while retaining its previous rating.
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