Google owner Alphabet's share price drops overnight - have investors had enough of spending on AI?
1 month, 2 weeks ago

Google owner Alphabet's share price drops overnight - have investors had enough of spending on AI?

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The parent company of Google, Alphabet, saw its share price open on Wednesday more than seven per cent lower than Tuesday’s close, following their latest financial results release. Alphabet isn’t the only big company expected to show bigger returns for ever-bigger spending on AI, and quickly. Expectation of ‘flawless execution’ open image in gallery “In a period when we have seen AI supposedly become less capital intensive with the introduction of DeepSeek, Alphabet has committed a 43 per cent increase in capital expenditure for 2025. Investors expect flawless execution from the tech giant, yet weaker than expected growth in cloud computing implies the AI craze isn’t automatically turning into big bucks for infrastructure providers.

Google Price Alphabet Spending Share Cent Ai Sign Nvidia Big Pichai Capital Expenditure Deepseek  cent  google  alphabets  slowing  owner  growth  ai  drops  alphabet  share  sign  overnight  big  investors  spending  price

History of this topic

What the dot-com bust can tell us about today’s AI boom
1 week, 4 days ago

What the dot-com bust can tell us about today’s AI boom

Live Mint  

Twenty-five years ago this week, the Nasdaq Composite Index hit its dot-com-era peak after soaring more than 500% in five years. And investors are racing to give the companies still more money at ever-higher prices to build even bigger clusters of AI chips to fill out new, cavernous data centers. That is opposed to “bad bubbles" in which people speculate …

Amazon, Microsoft, Alphabet, and Meta to spend well over $300 billion on AI in 2025, fearing China
Trending News
1 month, 2 weeks ago

Amazon, Microsoft, Alphabet, and Meta to spend well over $300 billion on AI in 2025, fearing China

Firstpost  

Amazon, Microsoft, and Alphabet each saw sharp stock declines following their fourth-quarter earnings reports, which revealed steep increases in AI-related capital spending. Microsoft and Google’s market values dropped by $200 billion as their cloud divisions reported weaker growth Microsoft CEO Satya Nadella reaffirmed his commitment to spending $80 billion to expand Azure, emphasising the importance of capitalising on its early …

Amazon share price drops after key division misses earnings as investors get ‘jitters’ over AI spending
1 month, 2 weeks ago

Amazon share price drops after key division misses earnings as investors get ‘jitters’ over AI spending

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Tech giant Amazon has seen …

Alphabet share price dips 5% this week. Erodes $200 billion Mcap of Google brand owner
1 month, 2 weeks ago

Alphabet share price dips 5% this week. Erodes $200 billion Mcap of Google brand owner

Live Mint  

The multinational technology conglomerate and Google's holding company, Alphabet Inc., shares have lost 5 per cent this week, wiping off nearly $200 billion in market capitalisation, according to stock market data. The results showed that the company's growth slowed down in the Cloud segment compared to the market expectations, and the massive spending structure upset stock market investors as the …

Tech giants double down on their massive AI spending
1 month, 2 weeks ago

Tech giants double down on their massive AI spending

Live Mint  

Tech giants projected tens of billions of dollars in increased investment this year and sent a stark message about their plans for AI: We’re just getting started. “We think virtually every application that we know of today is going to be reinvented with AI inside of it," Amazon Chief Executive Andy Jassy said on Thursday’s earnings call. Here is a …

Microsoft and Meta’s AI splurge still not enough for Nvidia
1 month, 3 weeks ago

Microsoft and Meta’s AI splurge still not enough for Nvidia

Live Mint  

That was what Microsoft and Meta Platforms have in combined capital spending in the December-ended quarter, according to the companies’ earnings reports Wednesday afternoon. And that follows a bruising run that has already clipped around 15% off the company’s stock price since last week, when a Chinese AI startup published claims about developing an advanced AI model at a fraction …

Microsoft shares slide as cloud forecast, AI spending disappoint
1 month, 3 weeks ago

Microsoft shares slide as cloud forecast, AI spending disappoint

The Hindu  

Microsoft on Wednesday forecast disappointing growth in its cloud computing business, sending its shares down 4.5% in after-hours trading as investors worry about big spending, elusive artificial intelligence revenue and competition from cheaper AI models from China. For more than a year, Microsoft and its Big Tech peers have tested Wall Street's patience by plunking down huge amounts of cash …

‘People don’t know what they own’: Experts explain DeepSeek-related record sell-off after Nvidia shares rise
1 month, 3 weeks ago

‘People don’t know what they own’: Experts explain DeepSeek-related record sell-off after Nvidia shares rise

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. For additional context, including this week’s drop, Nvidia shares …

Alphabet beats sales estimates on Google Cloud growth, revenue jumps to $74.6 billion and shares rise 5%
4 months, 3 weeks ago

Alphabet beats sales estimates on Google Cloud growth, revenue jumps to $74.6 billion and shares rise 5%

Live Mint  

Google parent Alphabet Inc. reported third-quarter sales that climbed more than analysts expected, helped by robust demand for cloud computing services from companies racing to develop or adopt artificial intelligence. “In cloud, our AI solutions are helping drive deeper product adoption with existing customers, attract new customers and win larger deals,” Alphabet Chief Executive Officer Sundar Pichai said in the …

Nvidia share price falls despite strong earnings results
6 months, 3 weeks ago

Nvidia share price falls despite strong earnings results

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Nvidia’s share price has fallen …

Sinking AI darlings drag Nasdaq 100 into correction territory: Amazon, Tesla, Nvidia, Microsoft, Intel, Google
7 months, 2 weeks ago

Sinking AI darlings drag Nasdaq 100 into correction territory: Amazon, Tesla, Nvidia, Microsoft, Intel, Google

Hindustan Times  

The violent rotation from Big Tech plunged the Nasdaq 100 Index into correction territory, wiping out more than $2 trillion in value in just over three weeks, as traders unwound bets that had been minting money for over a year. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} “This is an amazing about-face, like we’ve crashed into a brick wall,” said Bill Stone, chief …

Nvidia slumps as tech sell-off deepens
7 months, 3 weeks ago

Nvidia slumps as tech sell-off deepens

The Telegraph  

Microsoft shares have fallen heavily as the software giant reported disappointing results that deepened investors’ fears about the artificial intelligence boom. Despite the figures being better than forecast, investors took fright at lower-than-expected sales in its cloud computing division, which is seen as the company’s key growth driver. Microsoft’s figures triggered a wider sell-off in after-hours trading with Nvidia falling …

Google’s corporate parent still prospering amid shift injecting more AI technology in search
7 months, 3 weeks ago

Google’s corporate parent still prospering amid shift injecting more AI technology in search

Associated Press  

SAN FRANCISCO — Google’s corporate parent Alphabet Inc. delivered another quarter of steady growth amid an AI-driven shift in the ubiquitous search engine that is the foundation of its internet empire. Although the change sparked fear and outrage among online publishers worried their traffic will plummet, Google is still thriving and propelling Alphabet’s success. That division, Google’s fastest growing segment, …

Alphabet surpasses USD 2 trillion market cap: All you need to know
10 months, 3 weeks ago

Alphabet surpasses USD 2 trillion market cap: All you need to know

India TV News  

Alphabet Inc., the parent company of Google has reportedly reached a milestone by closing more than USD 2 trillion market capitalization for the first time in its lifetime. As per the report, Alphabet's stock reportedly surged by 10 per cent to USD 171.95, marking it as the largest one-day gain since its inception. Joining elite company Alphabet's achievement has placed …

Google stock surges as tech giant announces first cash dividend for investors
10 months, 3 weeks ago

Google stock surges as tech giant announces first cash dividend for investors

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The stock price of Alphabet surged about 16 per cent on Thursday after …

Microsoft, Google post double-digit profit rises, boosting case for AI
10 months, 3 weeks ago

Microsoft, Google post double-digit profit rises, boosting case for AI

Al Jazeera  

Google and Microsoft have reported double-digit profit increases, buttressing the case for the tech giants’ heavy investment in artificial intelligence. The quarterly results announced on Thursday by Google parent Alphabet and Microsoft came in ahead of expectations, sending their shares 11 percent and 4 percent higher, respectively, in after-market trades. Google chief Sundar Pichai said AI text-to-image model Gemini had …

Microsoft profits surge on AI as Snap up 27% and Meta stock takes hit
10 months, 3 weeks ago

Microsoft profits surge on AI as Snap up 27% and Meta stock takes hit

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Thursday’s quarterly financial announcements from big tech firms were a mixed bag, with …

Google parent reports another quarter of robust growth, rolls out first-ever quarterly dividend
10 months, 3 weeks ago

Google parent reports another quarter of robust growth, rolls out first-ever quarterly dividend

Associated Press  

Google’s corporate parent Alphabet Inc. on Thursday released a quarterly report showing it’s still reaping double-digit revenue gains from its digital advertising empire while sowing potentially lucrative new ground in artificial intelligence. Alphabet punctuated its renewed vigor by also disclosing plans to begin paying shareholders a quarterly dividend for the first time since since Google went public 20 years ago. …

Sundar Pichai shares Google's AI plan to beat Amazon, Microsoft: ‘Incredible opportunity’
11 months, 1 week ago

Sundar Pichai shares Google's AI plan to beat Amazon, Microsoft: ‘Incredible opportunity’

Hindustan Times  

Google CEO Sundar Pichai said that in the fourth quarter of 2023 Google Cloud was at a $36 billion annual revenue run rate. At the Google Cloud Next event, Sundar Pichai said that Google Cloud is showing progress owing to deep investments that the company has made in Artificial Intelligence. Google and Alphabet Inc. CEO Sundar Pichai talked about the …

Experts: AI will boost stock market
1 year ago

Experts: AI will boost stock market

China Daily  

A view of the booth of Nvidia during an expo in Hangzhou, Zhejiang province. The global artificial intelligence surge, both technologically and investment-wise, combined with China's emphasis on new quality productive forces, will boost AI-related A-share performance, which in turn will drive up associated indexes this year, said experts. Zhang Yidong, chief global strategist at Industrial Securities, said the global …

Amazon and Meta—Nothing Artificial About These Results
1 year, 1 month ago

Amazon and Meta—Nothing Artificial About These Results

Live Mint  

The e-commerce titan and social networking giant both posted strong fourth-quarter results late Thursday. The two beat Wall Street’s consensus targets for both revenue and operating income by wider margins than Microsoft and Google-parent Alphabet did with their respective December quarter reports earlier in the week. The company did manage to beat Wall Street’s projections for its all-important iPhone revenue, …

Apple's stock takes a $70 billion hit after earnings calls despite strong earnings, Meta and Amazon surge
1 year, 1 month ago

Apple's stock takes a $70 billion hit after earnings calls despite strong earnings, Meta and Amazon surge

Firstpost  

Meta and Amazon witnessed a substantial surge in their stock market values, collectively adding $280 billion, while Apple’s value dipped by $70 billion following the release of their respective quarterly results. In contrast, Apple’s quarterly results exceeded analysts’ expectations, but a 3.3 per cent dip in its stock value occurred as sales in China fell short of estimates. However, analysts …

Amazon and Meta surge after results, while Apple drops
1 year, 1 month ago

Amazon and Meta surge after results, while Apple drops

Live Mint  

Meta Platforms and Amazon.com added a combined $280 billion in stock market value late on Thursday after the Big Tech duo reported quarterly results that impressed investors, while Apple's value shrank by $70 billion after its results. Meta's stock surged over 14% to a record high $451 after the bell, elevating its market capitalization by $148 billion to $1.16 trillion …

AI companies lose $190 billion in market cap after Alphabet and Microsoft report
1 year, 1 month ago

AI companies lose $190 billion in market cap after Alphabet and Microsoft report

The Hindu  

AI-related companies lost $190 billion in stock market value late on Tuesday after Microsoft, Alphabet and Advanced Micro Devices delivered quarterly results that failed to impress investors who had sent their stocks soaring. The selloff following the tech giants' reports after the bell underscored investors' elevated expectations following an AI-fueled stock market rally in recent months that propelled their shares …

Google parent Alphabet ad revenue disappoints, CapEx up; shares sink 6%
1 year, 1 month ago

Google parent Alphabet ad revenue disappoints, CapEx up; shares sink 6%

Live Mint  

Alphabet disappointed Wall Street on Tuesday as holiday-season advertising sales came in below expectations and the company said its spending on items such as servers to power artificial intelligence would jump this year. "Alphabet's disappointing ad revenue numbers suggest that corporations worldwide are still uncertain about the pace of interest rate cuts from global central banks," said Thomas Monteiro, an …

Investors see Microsoft's stock market value leaving Apple behind
1 year, 1 month ago

Investors see Microsoft's stock market value leaving Apple behind

The Hindu  

Microsoft's early lead in artificial intelligence has the software heavyweight's stock market value poised to pull decisively ahead of Apple's over the next five years, 13 institutional investors unanimously agreed ahead of the tech titans' quarterly results this week. Microsoft's shares have surged 7% so far in 2024, recently sending its stock market value above $3 trillion and dethroning Apple …

Google-parent Alphabet's cloud division misses revenue estimates, as Microsoft’s cloud booms
1 year, 4 months ago

Google-parent Alphabet's cloud division misses revenue estimates, as Microsoft’s cloud booms

The Hindu  

Google-parent Alphabet's cloud business crawled to its slowest in 10 quarters, sending the company's stock down 5.7% after hours, even as sales at rival Microsoft's cloud unit boomed. The drop in Google’s share price despite beating Wall Street estimates for profit and sales, shows how much investors want the company to deliver gains in artificial intelligence, and shows the cloud …

Google’s ad sales growth accelerated in 3Q, but investors are unimpressed with the performance
1 year, 4 months ago

Google’s ad sales growth accelerated in 3Q, but investors are unimpressed with the performance

Associated Press  

SAN FRANCISCO — Google’s digital advertising sales growth accelerated during the summer, advancing a recent revival that helped its corporate parent Alphabet Inc. to deliver a quarterly profit that exceeded analysts’ projections. The third-quarter results released Tuesday for the July-September period included a 9% increase in Google’s ad sales from the same time last year. The upturn was even better …

Alphabet shares soar after it expands AI chatbot internationally
1 year, 8 months ago

Alphabet shares soar after it expands AI chatbot internationally

The Hindu  

Shares in Google parent Alphabet Inc. were up 4.9% on Thursday after it said it was rolling out its artificial-intelligence chatbot Bard in Europe and Brazil, easing worries about overseas regulatory issues. Danni Hewson, head of financial analysis at investment firm AJ Bell attributed Thursday's rally to the launch in Europe and in Brazil and Bard's expansion into new languages. …

Amazon Q1 Earnings Beat Estimates Despite Layoffs, Shares See 11 Per Cent Gain
1 year, 10 months ago

Amazon Q1 Earnings Beat Estimates Despite Layoffs, Shares See 11 Per Cent Gain

ABP News  

Amazon's shares experienced an increase of more than 11 per cent following the announcement of first-quarter earnings that exceeded industry estimates. Amazon's AWS cloud unit, which has maintained its lead in the market for over 15 years, experienced a slower growth of 16 per cent during the first quarter compared to the 37 per cent reported in the previous year. …

Google’s persistent ad slump weighs on Alphabet’s 1Q results
1 year, 10 months ago

Google’s persistent ad slump weighs on Alphabet’s 1Q results

Associated Press  

SAN FRANCISCO — Google’s advertising malaise persisted during the first quarter while the internet company also grapples with advancements in artificial intelligence technology that threaten to undercut its dominant search engine. An unprecedented downturn in Google’s digital ad revenue – the company’s main moneymaker for more than 20 years – came into sharper focus Tuesday with the release of the …

Google-parent Alphabet reports better than expected earnings
1 year, 10 months ago

Google-parent Alphabet reports better than expected earnings

Live Mint  

Alphabet Inc on Tuesday reported first quarter revenue above analysts’ estimates on higher demand for cloud services and better than expected ad sales. Alphabet reported revenue for the March quarter at $69.79 billion, higher than analysts’ forecasts. Ad sales at Google’s YouTube video site declined 2.5% in March quarter from last year period. Alphabet’s net income stood at $15 billion, …

Google shares drop $100 billion after its new AI chatbot makes a mistake
2 years, 1 month ago

Google shares drop $100 billion after its new AI chatbot makes a mistake

NPR  

Google shares drop $100 billion after its new AI chatbot makes a mistake Enlarge this image toggle caption Dan Kitwood/Getty Images Dan Kitwood/Getty Images Google's parent company, Alphabet, lost $100 billion in market value on Wednesday after its new artificial intelligence technology produced a factual error in its first demo. In the fateful ad that ran on Google's Twitter feed …

Microsoft takes on Google Search with AI
2 years, 1 month ago

Microsoft takes on Google Search with AI

Al Jazeera  

Microsoft is staking its future on AI through billions of dollars of investment as it directly challenges Google. Microsoft Corp is revamping its Bing search engine and Edge web browser with artificial intelligence, the company said on Tuesday, in one of its biggest efforts yet to lead a new wave of technology and reshape how people gather information. Bing will …

Alphabet posts lower Q4 profit amid ad squeeze, competition
2 years, 1 month ago

Alphabet posts lower Q4 profit amid ad squeeze, competition

Associated Press  

Google’s parent company Alphabet on Thursday posted lower profit and a small revenue increase for last year’s fourth quarter, as a decline in online ad spending and competition from rivals weigh on the search giant. Alphabet, like Facebook parent Meta, Amazon and other tech companies, is navigating a rough economic patch that’s especially hurting the online advertising market. In response …

Alphabet To Slash Headcount Growth By Half In Q4 As Revenue Grows At Slowest Pace
2 years, 4 months ago

Alphabet To Slash Headcount Growth By Half In Q4 As Revenue Grows At Slowest Pace

ABP News  

Sundar Pichai, chief executive officer of Alphabet, has said that his firm is planning to scale down the rate of hiring in Q4 of 2022 and for 2023 as the tech giant’s Q3 revenue grew at its slowest pace in more than two years, reported by CNBC. Shares of Alphabet sank about 7 per cent in extended trading on Tuesday …

Google parent Alphabet's miss fans inflation fears across digital advertising
2 years, 4 months ago

Google parent Alphabet's miss fans inflation fears across digital advertising

The Hindu  

Google parent Alphabet Inc.'s disappointing ad sales sparked worries across the digital media sector on Tuesday as advertisers cut back on their spending in the face of an economic slowdown. The negative results shattered many expectations that Google, which is the world's largest digital advertising platform by market share, would remain strong in a weakening economy and reinforced worries on …

YouTube wipes $7.6bn off owner Alphabet
2 years, 4 months ago

YouTube wipes $7.6bn off owner Alphabet

The Telegraph  

Google’s parent company suffered a sharp fall in its share price after revealing the first ever decline in advertising revenues at its YouTube video streaming service. It came as Microsoft revealed a slowdown in sales in its cloud computing arm, and the music streaming service Spotify announced that advertising revenue was growing more slowly than expected. We’re working to realign …

Google’s parent reports slowest quarterly growth in 2 years
2 years, 7 months ago

Google’s parent reports slowest quarterly growth in 2 years

Associated Press  

SAN FRANCISCO — Google’s revenue growth during the past quarter decelerated to its slowest pace in two years as advertisers reined in their spending amid intensifying fears of an economic recession. YouTube’s ad revenue rose by 5% from the previous year during the second quarter, the lowest rate of year-over-year quarterly growth since Alphabet began to disclose the video site’s …

Google’s parent Alphabet breaches $2 trillion in market value
3 years, 4 months ago

Google’s parent Alphabet breaches $2 trillion in market value

Al Jazeera  

Bulls see the stock rising further, fuelled by a rebound in spending on digital ads and growth in its cloud business. Google parent Alphabet Inc. rallied Monday to breach $2 trillion in market value for the first time, fueled by a rebound in spending on digital ads and growth in its cloud business. Alphabet trades around 24 times forward earnings, …

Alphabet’s stock jumps on beating sales forecasts, new $50-billion share buyback
3 years, 10 months ago

Alphabet’s stock jumps on beating sales forecasts, new $50-billion share buyback

LA Times  

Google CEO Sundar Pichai testifies during a House Judiciary subcommittee hearing on antitrust last year in Washington. Google parent Alphabet Inc. reported quarterly sales that topped Wall Street estimates, powered by an increase in digital ad spending by businesses looking to expand during the pandemic reopening. Ruth Porat, chief financial officer, said the results “reflect elevated consumer activity online and …

Google Parent Alphabet Suffers First Revenue Loss in Company History Due to Covid-19 Fallout
4 years, 7 months ago

Google Parent Alphabet Suffers First Revenue Loss in Company History Due to Covid-19 Fallout

News 18  

Despite strong growth in Google Cloud, Alphabet saw its revenue declining for the first time to $38.3 billion in the quarter that ended June 30. "We're working to help people, businesses and communities in these uncertain times," said Alphabet and Google CEO Sundar Pichai. "As people increasingly turn to online services, our platforms — from Cloud to Google Play to …

Alphabet shares fall as Google misses revenue target; YouTube revenue pegged at $4.72 bn
5 years, 1 month ago

Alphabet shares fall as Google misses revenue target; YouTube revenue pegged at $4.72 bn

Firstpost  

Google-parent Alphabet Inc on Monday reported its worst fourth-quarter revenue growth since 2015, missing analysts’ estimate for a period in which its top online advertising rivals beat expectations. But new concerns have emerged among investors about whether its dominance will last as US antitrust regulators investigate Google and as Amazon.com Inc and Facebook Inc continue to grow their ads businesses …

Google’s parent, Alphabet Inc, valued at more than $1 trillion
5 years, 2 months ago

Google’s parent, Alphabet Inc, valued at more than $1 trillion

Al Jazeera  

Alphabet Inc. hit a milestone on Thursday, as a rally in the stock took it above a $1 trillion valuation for the first time, solidifying the dominance of technology and internet stocks as the biggest titans of Wall Street. Globally, the list is topped by Saudi Aramco, Saudi Arabia’s national oil company, which went public last month and currently has …

Why Google is missing out on the tech rally
5 years, 8 months ago

Why Google is missing out on the tech rally

CNN  

New York CNN Business — Google got rid of its “don’t be evil” motto last year. For the sake of investors, it may want to try out a new slogan: “Don’t be boring.” Google parent company Alphabet has become one of the most boring Big Tech companies on the market, to the detriment of its stock. And perhaps the company’s …

Google’s new spending binge shows a company playing catch-up
6 years, 10 months ago

Google’s new spending binge shows a company playing catch-up

Hindustan Times  

Alphabet Inc.’s first-quarter results came with a clear message to Wall Street: The company is embarking on a new spending binge to chase its biggest rivals. Google’s higher spending in the first quarter shaved operating profit margins to 22 percent from 27 percent a year earlier. Google’s parent posted the strongest sales growth in almost four years on Monday, indicating …

Google parent Alphabet’s profit up 29% on strong ad sales
7 years, 10 months ago

Google parent Alphabet’s profit up 29% on strong ad sales

Live Mint  

Bengaluru/San Francisco: Google parent Alphabet posted a surge in profit and revenue on Thursday as its core advertising business continued to grow at an extraordinary rate and problems such as an advertiser boycott of YouTube had little impact. “Our great properties—like Search, Maps, YouTube and Google Play—are the ‘prime time’ for the mobile world, where people are actively engaged and …

Google's parent company Alphabet share price drops after profit targets are missed
8 years, 1 month ago

Google's parent company Alphabet share price drops after profit targets are missed

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Alphabet, the parent company of …

Google parent Alphabet profit surges on mobile, video ads
8 years, 4 months ago

Google parent Alphabet profit surges on mobile, video ads

Live Mint  

Bengaluru: Google parent Alphabet Inc. bested analysts’ estimates for third-quarter profit and revenue on Thursday as the search company showed it has honed its core business for the mobile era and is closing in on the next wave of computing. Google has been dogged by concerns about how it would nudge its vast web advertising business towards mobile, but the …

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