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...
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...
Tech giant Alphabet, the parent company of Google and YouTube, is planning to build a large data center in Vietnam, according to a recent report by Reuters.
Reportedly, the project has not yet been finalized, and it isn’t guaranteed that it will move forward. But...
Google’s parent company, Alphabet, reduced its stake in CrowdStrike by half before the cybersecurity firm’s faulty software update caused a global IT outage.
In a recent regulatory filing, Alphabet disclosed that it currently owns 427,895 shares of CrowdStrike, 50% down from the 855,789 shares it...
Google parent company Alphabet Inc is moving to ramp up its artificial intelligence spending despite posting a disappointing quarterly earnings report this past week that fell short of expectations in certain areas. The tech giant's adjusted earnings came in at $1.89 per share while...
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.
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