Alphabet is showing the downside of being an AI stock
Alphabet Inc. has become an artificial-intelligence stock, for better or for worse. Though advertising still makes up the lion’s share of the company’s revenue, investors have been focusing more on the part of Alphabet’s business that seems the best proxy for AI momentum.
JPMorgan cuts Alphabet stock price target to $220 from $232
JPMorgan analyst Doug Anmuth adjusted the price target for Alphabet Inc (NASDAQ:GOOGL) shares, dropping it to $220 from the previous $232, while maintaining an Overweight rating. The revision follows Alphabet's fourth-quarter financial results,
Alphabet Earnings Beat Expectations. Why the Stock Is Tumbling.
Cloud revenue in the quarter of $12 billion—a 30% increase from last year—just misses analysts’ estimates of $12.2 billion.
Alphabet’s stock plunges on revenue miss and AI spending largesse
In a conference call with analysts, Pichai caused a bit of a stir when he said that the company plans to increase its capital expenditure to $75 billion in fiscal 2025 as part of an effort to build out its AI infrastructure. That’s much more than the $58.84 billion that analysts were expecting the company to spend in the coming year.
What Analysts Think of Google Parent Alphabet's Stock Ahead of Earnings
Google parent Alphabet is slated to report its fourth-quarter results after the market closes Tuesday, with analysts mostly bullish on the tech giant's stock.
Alphabet's stock could do something it hasn't done in 4 years ahead of earnings
Alphabet's stock was running up 2.6% in recent trading into record territory. If the stock closes above the Jan. 31 record close of $204.02, it would mark the seventh record close this year. It would also be the first time it closed at a record the day earnings were being released since Feb.
Alphabet Stock 'Should Trade At A Premium': 5 Analysts Highlight AI, CapEx, How Much YouTube Could Be Worth
Alphabet analysts see strength in the company's search and YouTube business segments, while questions around cloud and increased spending remain.
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.]( ...
Google Parent Alphabet’s Stock Tumbles Amid Worries Whether AI Spending Will Pay Off
Shares of Google parent Alphabet tumbled Wednesday as several analysts lowered their price targets for the stock, citing concerns about the tech giant's weaker-than-expected cloud growth and plans to ...
Clear Creek Financial Management LLC Has $2.93 Million Stock Position in Alphabet Inc. (NASDAQ:GOOG)
Clear Creek Financial Management LLC reduced its position in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 8.8% during the 4th ...
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Alphabet Inc. (GOOG) Stock Sinks As Market Gains: Here's Why
Alphabet Inc. (GOOG) ended the recent trading session ... while the tech-heavy Nasdaq lost 0.06%. The company's stock has climbed by 5.46% in the past month, exceeding the Computer and ...
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Alphabet Stock Pulls Back From Record Highs After Slight Q4 Revenue Miss: Retail Swoops In To Buy The Dip
Alphabet, Inc. (GOOGL) (GOOG) shares pulled back in Wednesday’s after-hours session after the search giant reported a slight ...
Coerente Capital Management Cuts Position in Alphabet Inc. (NASDAQ:GOOG)
Coerente Capital Management trimmed its holdings in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 3.1% during the fourth ...
Alphabet Revenue Disappoints Investors on Weak Cloud Sales
The internet giant reported cloud sales that narrowly missed Wall Street’s estimates, worrying investors about the company’s ...