Google owner Alphabet's share price drops overnight - have investors had enough of spending on AI?
From a purely business financials perspective, a large part of the reason for the sell-off stemmed from slowing growth in data centres revenue. Google’s cloud business is a huge money driver and posted a 30 per cent increase in revenues, totalling nearly $12bn (£9.6bn).
Alphabet's Q4 earnings beat EPS estimates but missed revenue expectations, causing a sell-off. Read why I believe this is an ...
Alphabet, which held the stake through its Google LLC unit, sold its remaining 114,554 Snowflake shares in the fourth quarter. Google LLC first disclosed a stake of 535,604 Snowflake shares for the ...
The internet giant reported cloud sales that narrowly missed Wall Street’s estimates, worrying investors about the company’s ...
FY24 results showed 12% constant revenue growth and 31% EPS growth. Click here to find out why I reiterate a buy rating for ...
Despite Mag 7 names such as Google-parent Alphabet and software titan Microsoft dropping after earnings reports, the broader ...
The company’s historical reluctance to engage in military AI projects stems from employee-led protests in 2018, when workers ...
Several major companies have followed suit as Trump expands his attacks on diversity initiatives to the private sector.
YouTube achieved record ad revenue thanks to the U.S. presidential election, with politicians on both sides doubling their ...
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