Alphabet Stock Tumbles After Earnings. The Google-Parent Is Headed to Its Largest Market-Cap Drop Ever.
Cloud revenue in the quarter of $12 billion—a 30% increase from last year—just misses analysts’ estimates of $12.2 billion.
Google’s Stuck Between Wall Street Disappointment and China’s Antitrust Probe
“The cloud division’s importance is critical in driving AI services and applications,” said Jay Woods, chief global ...
U.S. stocks open lower after weak Alphabet earnings, strong ADP employment report
U.S. stock indexes were edging lower on Wednesday morning after Alphabet Inc. posted a revenue miss and said it was [ramping up its spending on artificial intelligence.]( ...
The Two Reasons Alphabet Stock Is Sinking After Earnings
Alphabet reported an earnings beat and strong cloud growth, but the Google stock is spiraling Wednesday. Here's why.