Workflow
Alphabet Stock Eyes Worst Day Since 2023 After Earnings
GOOGAlphabet(GOOG) Schaeffers Investment Research·2025-02-05 15:25

Alphabet Inc (NASDAQ:GOOGL) stock is dragging Wall Street after the Big Tech giant reported a fourth-quarter revenue miss as its Google Cloud segment lagged. The company also revealed plans to invest $75 billion in capital expenditures this year to grow its artificial intelligence (AI) offerings, despite Chinese startup DeepSeek claiming it built an AI model at a substantially lower cost. GOOGL is down 8.3% to trade at $189.36 at last check, pacing for its biggest single-day percentage loss since October 20 ...