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Alphabet’s Stock Sinks on Missed Revenue, AI Spending

Alphabet, the parent company of Google and YouTube, saw its stock drop by more than 7% on Tuesday. This was a result of a worse-than-expected fourth-quarter earnings report that missed revenue and included massive spending on artificial intelligence. Alphabet reported $2.15 in earnings per share...

Alphabet Stock Soars on Stronger-Than-Expected Earnings

The shares of Google parent Alphabet soared in after-market trading on Tuesday after the tech giant reported stronger-than-expected earnings. The company benefited from sturdy results in all departments, particularly the cloud division. Alphabet’s earnings per share came at $2.12 compared to $1.55 per share in...

Alphabet Stocks Slip Despite Beating Earnings Estimates

Google parent company Alphabet Inc. reported strong second-quarter earnings on Wednesday, beating analysts' estimates at large. The company's $84.7 billion revenue topped forecasts of $84.3 billion, while earnings per share for Q2 was $1.85, exceeding Wall Street estimates of $1.85 per share. Data from...

Stocks Dip Following Alphabet and Microsoft Earnings

Stocks declined on Wednesday after Microsoft and Google's parent company Alphabet released mixed earnings results. The S&P 500 slipped by 0.6% and the tech-heavy Nasdaq Composite declined by over 1%. The Dow Jones Industrial Average, in contrast, gained 0.2%. Following the latest corporate earnings,...

Alphabet Beats Revenue and Earnings Estimates in Q1

Google’s parent company Alphabet reported its first-quarter earnings on Tuesday, delivering results that topped analysts’ expectations. The company previously failed to beat estimates for four straight quarters. Alphabet’s revenue in Q1 came at $69.79 billion, a 3% increase from the year prior, compared to the...

Google Stocks Slide Amid Report That Samsung May Opt for Bing

Stocks in Google's parent company Alphabet Inc. fell by 4.5% in premarket trading on Monday, marking its largest single-day decline in over two months. This comes after reports that Samsung may decide to replace Google with Bing as the default search engine on its...