After reporting a top-line miss for Q4 2024, Alphabet Inc./Google stock is nosediving in the after-hours session. In this report, we analyze Alphabet's results and explore potential drivers of this sell-off. While Alphabet's Cloud revenue growth moderating down to 30% y/y was disappointing, the business is in fine fettle — with healthy growth across Search, YouTube, etc.
Alphabet Inc./Google's Q4 2024/FY 2024 results were stellar, with revenues up 12% and operating income up 32%, yet the stock dropped 8% post-market. Despite the market's negative reaction, Alphabet's fundamentals remain robust, making it an attractive addition to portfolios, especially around $190 per share. Alphabet's free cash flow hit $24.83 billion in Q4, with substantial investments in AI and R&D, and significant GOOGL shareholder returns through buybacks and dividends.
Google parent Alphabet (GOOGL) reported fourth-quarter earnings that topped analysts' estimates, but its cloud revenue came in short, sending shares lower in extended trading Tuesday.
Google updated its ethical AI guidelines in a blog post on Tuesday. The post omitted a 2018 statement that Google wouldn't use AI for weapons or surveillance.
Booming AI budgets seemed at risk last week when DeepSeek crashed Nvidia's stock based on speculation that its cheaper AI models would lower demand for AI chips and data centers.
While the top- and bottom-line numbers for Alphabet (GOOGL) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Alphabet Inc. (GOOG) came out with quarterly earnings of $2.15 per share, beating the Zacks Consensus Estimate of $2.12 per share. This compares to earnings of $1.64 per share a year ago.
Alphabet (GOOGL) came out with quarterly earnings of $2.15 per share, beating the Zacks Consensus Estimate of $2.12 per share. This compares to earnings of $1.64 per share a year ago.
Alphabet's (GOOGL, GOOG) stock dropped by nearly 7% in after-hours trading after reporting fourth quarter earnings results, posting revenue of $96.47 billion (short of estimates for $96.62 billion) and adjusted earnings per share of $2.15 (beating estimates of $2.13). The tech giant's cloud division missed revenue forecasts for this quarter: its release of $11.96 billion falling short of estimates for $12.19 billion.
Gene Munster, Deepwater Asset Management, joins 'Fast Money' to talk Alphabet earnings.
Revenue slowdown reflects ‘challenging year' firm has had and 2025 may be year it loses competitive edge, say analysts
The 'Fast Money' traders share their plays on Alphabet as shares of the tech giant sink after earnings.