Alphabet Cloud revenue miss sends stock tumbling

03:51am, Wednesday, 25'th Oct 2023
Google parent Alphabet Inc (NASDAQ:GOOG) (Alphabet Inc (NASDAQ:GOOG)) saw its shares slide overnight as investors took fright at a slower-than-forecast growth in its cloud arm. Revenue and earnings
Alphabet's investments in AI, driven by Project Magi, will help counter competition from Microsoft's Bing and OpenAI's ChatGPT. The use of advanced AI capabilities will lead to more personalized exper
Google released its Q3 earnings on Tuesday that largely beat Wall Street's expectations, although a miss on cloud revenue sent its stock sliding in after hours trading.
Microsoft Corp. and Alphabet Inc. both reported mostly strong results Tuesday, but the disparate reactions from investors showed that Wall Street only cares about artificial intelligence right now.
Google turned 25 this year. The tech giant, now a stem of parent company Alphabet, is hitting the quarter century mark in a new era of innovation demarcated by the generative artificial intelligence (
It comes nearly a year after a spur in AI hype.
Alphabet Inc. (NASDAQ:GOOG ) Q3 2023 Earnings Call Transcript October 24, 2023 4:30 PM ET Company Participants Jim Friedland - Director of Investor Relations Sundar Pichai - Chief Executive Officer Ph
While the top- and bottom-line numbers for Alphabet (GOOGL) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics com
Alphabet (GOOGL) came out with quarterly earnings of $1.55 per share, beating the Zacks Consensus Estimate of $1.45 per share. This compares to earnings of $1.06 per share a year ago.
Alphabet Inc. (GOOG) came out with quarterly earnings of $1.55 per share, beating the Zacks Consensus Estimate of $1.45 per share. This compares to earnings of $1.06 per share a year ago.
Alphabet Inc (NASDAQ: GOOGL) is down more than 6.0% in extended trading even though it reported solid growth on the back of an advertising rebound and continued cost cuts in its third financial quarte
Angelo Zino, CFRA Research Senior Equity Analyst and Doug Famigletti, Griffin Asset Management Portfolio Manager, joins 'Closing Bell Overtime' with reaction to Microsoft and Google's quarterly earnin
Both Microsoft and Google's parent company, Alphabet, have both reported higher than expected revenue in their latest quarterly results.
Revenue growth at Google's cloud unit to slow to 22.5% in the third quarter, from 28% in the prior three-month period.
Big tech appears to be continuing its strong growth turnaround from last year, as it kicks off earnings report season for the quarter ended in September.
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