The pressure is on Amazon.com to deliver on lofty expectations for cloud computing in its fourth-quarter results on Thursday.
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Google, which sells cloud computing and other services to the US government, also said it was reviewing policy changes by ...
Shares of Alphabet tanked by 8% in pre-market trading on Wednesday, a reaction to weaker-than-anticipated revenue in its ...
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The Alphabet company plans a major outlay after its rivals Microsoft and Meta have been pulling ahead in investments.
Alphabet’s fourth-quarter results revealed a 30% increase in revenue for the company’s cloud arm, fuelled by demand for its artificial intelligence offerings.
Google stock fell on Q4 results. Amazon earnings due Wednesday. Analysts are focused on capital spending and cloud computing growth.
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: ...
As of 11:15 a.m. ET, the stock was down by 8.1%. Overall revenue rose 12% to $96.5 billion in Q4, slightly below analysts' ...