Google's Cloud business posted a 30% rise in revenue to $11.96 billion in the fourth quarter, slowing down from the 35% increase in the September quarter.
Alphabet (GOOG, GOOGL), the parent company of Google, reported mixed fourth quarter results. Earnings of $2.15 topped Bloomberg consensus estimates of $2.13.
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.
Brent Thill, Jefferies software and internet research tech sector leader, reacts to Google parent Alphabet's fourth-quarter earnings and capital expenditure plan. He speaks on "Bloomberg The Close.
Alphabet's (GOOG, GOOGL) fourth quarter earnings results are due after the market close on Wednesday, with analysts overwhelmingly positive on the stock. Yahoo Finance markets and data editor Jared Blikre joins Catalysts anchors Seana Smith and Madison Mills to break down how Alphabet shares have historically fared post-earnings.
The internet giant reported sales that narrowly missed Wall Street's estimates and worried investors about the company's A.I. business.
CNBC's Deirdre Bosa joins 'Closing Bell Overtime' with Alphabet Q4 earnings.
Google's parent company, Alphabet, reported fourth-quarter earnings on Tuesday. The tech giant beat on revenue, reporting 12% growth across its business.
Tech giant Alphabet Inc GOOG GOOGL reported fourth-quarter financial results after the market close Tuesday.
Shares of Google parent Alphabet sank in after hours trading Tuesday after the search engine giant's fourth-quarter earnings report revealed slightly weaker quarterly revenues than Wall Street anticipated and predicted much higher spending in 2025 than expected.
Shares of Google's parent company Alphabet Inc (NASDAQ:GOOG) plunged almost 7% afterhours as it posted a revenue miss for the fourth quarter and announced ambitious capital spending plans for 2025. Revenue of $96.5 billion marked a 12% year-over-year increase but missed Street estimates of $96.7 billion.
Alphabet CEO Sundar Pichai said his company plans to invest about $75 billion in capital expenditures this year. The announcement came as part of Alphabet's fourth-quarter earnings report.