Analysts surveyed by FactSet expect Alphabet to report a jump in earnings and revenue.
China said Tuesday it has launched an antitrust investigation into Google, part of a swift retaliation after the U.S. President Donald Trump imposed a 10% tariff on Chinese goods.
China's anti-monopoly regulator said on Tuesday it had launched an investigation into Alphabet's Google, minutes after an additional 10% tariff on Chinese goods imposed by U.S. President Donald Trump came into effect.
China to launch antitrust probe into Google
When Google parent company Alphabet reports earnings Tuesday (Feb. 4), it is reportedly likely to face questions from investors about the amount it is spending on artificial intelligence (AI). The company is estimated to have spent $50 billion on AI in 2024 and is expected to spend more in 2025, Reuters reported Monday (Feb. 3).
We continue to wade through the 2024 Q4 earnings cycle, with a wide variety of companies unveiling quarterly results daily.
Google's parent company Alphabet Inc (NASDAQ:GOOG)'s Cloud segment growth could drive upside in its earnings report due after Tuesday's closing bell, analysts at Wedbush believe. “While digital advertising demand remains strong for both Search and YouTube, we think it will be difficult for Alphabet to materially outperform expectations for advertising growth in the near-term, given recent FX headwinds and more challenging comps in 4Q and through 2025,” they wrote in a note to clients.
Alphabet will face investor scrutiny over its massive spending on AI when it reports earnings on Tuesday, as revenue growth at the Google parent likely slowed in the holiday quarter due to a slowdown in its advertising and cloud businesses.
Google and Epic Games will reportedly be in court Monday (Feb. 3) as Google seeks a reversal of a judge's order that it allow rival app stores with its Play store.
Joe Terranova, Senior Managing Director for Virtus Investment Partners, joins CNBC's "Halftime Report" to explain his latest portfolio moves.
The emergence of a small Chinese artificial intelligence (AI) company called DeepSeek initially put a giant hole in the U.S. stock market. Tech stocks -- particularly those connected to the AI trend -- got crushed, and GPU king Nvidia (NVDA -3.37%) lost roughly $600 billion of its market cap in a single day as investors grew concerned about the company's moat, and whether AI software could be trained and powered at lower costs with less powerful chips.
Google is preparing to head back to court on Monday to appeal a ruling that found its app store was a monopoly -- one of three major antitrust suits against the tech firm.