Q4 2024 Earnings Call Transcript February 4, 2025 Alphabet Inc. beats earnings expectations. Reported EPS is $2.15, expectations were $2.12. Operator: Welcome, everyone. Thank you for standing by for the Alphabet Fourth Quarter and Fiscal Year 2024 Earnings Conference Call.

US stocks opened lower Wednesday as the Nasdaq and S&P 500 felt impact from Alphabet, AMD and renewed AI worries.

Online advertising giant Alphabet (NASDAQ:GOOGL) in Q4 CY2024, with sales up 11.8% year on year to $96.47 billion. Its GAAP profit of $2.15 per share was 1.2% above analysts’ consensus estimates. Is now the time to buy Alphabet?

The S&P 500 and the Nasdaq slipped on Wednesday, with Alphabet the biggest drag after the tech giant's dour cloud revenue and hefty investments into artificial intelligence disappointed investors, while a slew of earnings added to the volatility.