Group 1 - Alphabet reported fourth-quarter earnings of $96.47 billion, a 12% year-over-year growth, and earnings of $26.54 billion, or $2.15 per share, exceeding analyst projections [1][2] - Google Cloud revenue grew 30% to $11.96 billion but fell short of expectations, alongside the Search & Other segment revenue of $54.03 billion [2] - Alphabet plans to invest approximately $75 billion in capital expenditures in 2025 to enhance its progress [2] Group 2 - Chinese regulators initiated an antitrust investigation into Google in response to new U.S. tariffs, with most of Google's services already banned in China [3] - Following the earnings release, Alphabet's Class A shares dropped nearly 7% in extended trading, despite closing at a record high of $206.38, reflecting a 43% increase over the past 12 months [3]
Google Parent Alphabet's Stock Slides as Cloud Revenue Disappoints