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Alphabet stock gets rocked after cloud computing and spending surprise: What Wall Street is saying
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Cloud-Computing Slowdown Knocks Google Sales; Alphabet Stock Slides
A slowdown in cloud-computing sales dragged down Google’s revenue growth last quarter, knocking shares of parent company Alphabet. Its stock slid 7.5% ahead of the open. Read more:
Alphabet stock falls on disappointing cloud growth, China probe
Google Services, which includes Google and YouTube advertising and subscriptions, rose 10% in the quarter to $84.1 billion, while it grew about 13% in Q3, year over year. Google Search, which includes Google ads, climbed 12% to $54 billion, about the same as last quarter.
Alphabet shares fall as cloud growth concerns and AI spending rattle investors
Alphabet shares fell 8% on Wednesday as investors balked at the Google parent's slowing cloud growth and planned $75 billion capital spending for the year, underscoring growing fears over Big Tech's escalating artificial intelligence costs.
Alphabet Slides After Cloud Sales Fall Short of Expectations
Google parent Alphabet Inc. posted fourth-quarter revenue that missed analysts’ expectations as growth in its cloud business slowed. The shares fell more than 8%.
13h
Amazon (AMZN) Will Be Under Pressure to Deliver Strong Cloud Computing Results
Amazon (AMZN) will likely be under pressure to deliver strong cloud computing results in its fourth-quarter earnings report ...
15h
Amazon's cloud business faces crucial test after rivals Microsoft, Google stumble
The pressure is on Amazon.com to deliver on lofty expectations for cloud computing in its fourth-quarter results on Thursday, ...
InfoWorld
1d
Public cloud providers are missing the mark with AI
Burned by astronomical cloud bills, enterprises need a strategic road map that balances flexibility and control to unlock the ...
Hosted on MSN
13h
Google Cloud 'Capacity Constrained' Like Microsoft Azure. Good News For Amazon?
Google stock fell on Q4 results. Amazon earnings due Wednesday. Analysts are focused on capital spending and cloud computing growth.
Impacts
2d
Innovating the Future: Cloud Computing and APIs Transform Banking
Technology is reshaping industries at a rapid pace, and banking is no exception. With its transformative research, Dorai ...
6d
on MSN
Microsoft’s Cloud Computing Business Hits a Speed Bump
Microsoft reported that its flagship cloud computing business experienced a slowdown in growth amid constraints on data ...
JD Supra
2d
Treasury Department Issues Final and Proposed Rules on Cloud Transactions, Other Digital Content
On January 10, 2025, the US Department of the Treasury and IRS released final and proposed regulations that provide tax guidance for the ...
Impacts
2d
Revolutionizing Healthcare with Secure Cloud Infrastructure
In the era of digital transformation, cloud computing has become an essential component of modern healthcare systems. Deneesh ...
1d
Google misses the mark with its cloud revenue
Alphabet came up short on revenue for its cloud-computing business, a closely watched segment. The FactSet consensus was for $12.19 billion in revenue from the cloud. Alphabet turned in $11.96 billion ...
TMCnet
1d
Green IT: How Cloud Services are Contributing to Sustainable Business Practices
The technology sector is particularly significant in lowering the environmental impact as companies worldwide promote more ...
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