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Wall Street, Alphabet
Alphabet’s $75 Billion Spending Plan Surprised Wall Street. How the Stock Can Recover.
Alphabet was falling on Wednesday as it shocked the market with its heavy spending plan. Wall Street analysts say it can still show a return on investment.
Stock market today: Alphabet and AMD weigh on a mixed Wall Street following their profit reports
Google's parent company and other tech stocks are weighing on a mixed Wall Street Wednesday as the focus swings back toward how much profit businesses are making. The S&P 500 rose 0.1% in afternoon trading.
Google’s A.I. Spending Spree Spooks Wall Street
This is a significant increase, and it shows that Alphabet is throwing the kitchen sink at its A.I. plans,” said Kathleen Brooks, research director at XTB, in an analyst note. What worries investors more is that Alphabet is spending money more quickly than making it.
Google ends hiring targets for DEI
Google axes diversity hiring targets in latest DEI retreat by major firm
Google will reportedly scrap its diversity hiring targets and review some of the tech giant’s DEI initiatives — becoming the latest major company to walk back the controversial initiatives. Alphabet’s annual filing with the SEC on Wednesday showed it omitted a line saying it was “committed to making diversity,
Google scraps diversity-based hiring targets, WSJ reports
This adds to a slew of U.S. businesses that have been scaling back their diversity initiatives, years after pushing for more inclusive policies in the wake of protests against the police killings of George Floyd and other Black Americans in 2020.
War On DEI: Google Ends Diversity Hiring Goals
Following Trump's lead, organizations including Walmart, Lowe’s and Meta have announced they would scale back their commitments to diversity, equity and inclusion programs.
Google parent Alphabet slides
Google parent Alphabet plans $75 billion capital expenditures this year, misses on cloud revenue
Alphabet said on Tuesday it will spend $75 billion on its AI buildout this year, 29% more than Wall Street expected, while posting cloud revenue that missed analysts' target. The tech giant's shares were down 9% in extended trading.
Google parent Alphabet slides after sales miss Wall Street estimates
Excluding traffic acquisition costs, that figure was $81.6bn, missing Wall Street estimates in a Bloomberg poll of $82.8bn. Net income rose 28 per cent to $26.5bn. Alphabet shares dropped more than 6 per cent in after-hours trading.
Alphabet earnings: What to expect on AI and the cloud, with Google parent’s stock near a record
Alphabet reports fourth-quarter earnings after Tuesday's closing bell. Investors will be focused on cloud momentum and AI traction, with shares of the Google and YouTube parent company holding fast near the record levels achieved last week.
10h
Most of Wall Street rises as earnings reporting season ramps up
NEW YORK — Wall Street drifted higher Feb. 5 as gains for most stocks outweighed drops for Google parent Alphabet and some ...
19h
Stock Market Today: S&P 500, Nasdaq Futures Fall; Google, AMD in Focus
Follow along for live updates on stocks, bonds and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq ...
1d
on MSN
Stock market today: Calm returns to Wall Street, and US indexes make only modest moves
Some calm is returning to Wall Street, and U.S. stock indexes are making only modest moves after much of Europe and Asia rose ...
15h
Google’s Stuck Between Wall Street Disappointment and China’s Antitrust Probe
“The cloud division’s importance is critical in driving AI services and applications,” said Jay Woods, chief global ...
9h
on MSN
Shake it off! Stocks recover to end up despite Alphabet, AMD slump as investors look wider
US stocks reverse early losses to end higher on Wednesday despite Alphabet's drop. Investors shift to other firms with strong ...
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