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.
Amazon.com Inc. shares have largely climbed on the back of two trends: strength in its cloud business and a focus on costs.
Alphabet (GOOG, GOOGL) shares are under pressure after the company's cloud revenue fell short of Wall Street's expectations.
Alphabet CEO Sundar Pichai said the company is planning another big year of spending as it continues to build out its artificial intelligence offering. TakeAway Points: Sundar Pichai, the CEO of ...
Alphabet's fourth-quarter earnings showed slowing growth in its Cloud Services business and a bigger-than-expected capex ...
Microsoft's disappointing Azure numbers are "neutral to modestly negative" for rivals Amazon.com and Alphabet, according to RBC Capital Markets analyst Brad Erickson. Alphabet stock rose 1% while ...
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Microsoft (MSFT), and Google parent Alphabet (GOOG) are expecting a cumulative $228 billion in capital expenditures in 2025, driven by their investments in artificial intelligence infrastructure. That ...
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NVDA Stock Warning: Alphabet Could Soon Rival Nvidia With AI Chip Business Worth ‘Billions’Nvidia’s (NVDA) chip supremacy has dominated the artificial intelligence narrative over the past two years. However, some experts think that Alphabet (GOOG) (GOOGL) may enter the chip market and even ...
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