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CNBCCenterAlphabet tanks nearly 13% for worst day ever, losing $500 billion in value
Alphabet reported a larger negative free cash flow than analysts had expected while maintaining its spending gudiance for the year.
Who is covering this
CNBCCenterAlphabet reported a larger negative free cash flow than analysts had expected while maintaining its spending gudiance for the year.
Who is covering this
Alphabet shares drop over 10 per cent as profit misses forecasts, ad growth slows and AI-focused capital spending drives the company into negative free cash flow.
Wall Street slides as Alphabet revenue miss revives AI capex jitters Reuters
Wall Street hammered Alphabet for an earnings miss that included weaker-than-expected revenue in the company’s core business. Revenue in the search and other segment grew 12% from a year ago to roughly $63 billion,...
Alphabet stock fell 13% after earnings, putting nearly $500B in market value at risk as weak Google Search revenue and rising AI spending worried investors.
Alphabet, Microsoft earnings in focus; Warsh on AI, rates - what’s moving markets Investing.com Google parent company has $500bn wiped off market value over AI fears Sky News Google suffers record $500bn share price...
Alphabet and Microsoft reported within hours of each other and the market split them in two. Brian Sozzi walks through what Alphabet did that the street hated: negative free cash flow for a second straight quarter, search below...
Tech Futures Tumble As Alphabet Plunges, Small Caps Rise Ahead Of PCE, ECB US futures are lower, with Nasdaq contracts sliding as Alphabet's ugly search miss revived the "is AI capex paying off" debate , while Microsoft's Azure beat and...
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Alphabet reported quarterly revenue of $127.6 billion, up 25% year over year, but earnings of $2.12 per share missed expectations of around $3.01. Its net income fell to $26.2 billion, though an $8.7 billion loss on equity investments...
Shares of Google parent company Alphabet sank by as much as 15.8%, on course for the company’s worst single-day drop in history. Shares in Google's parent Alphabet are on course for one of their sharpest one-day falls on record. Covered...
The Google parent lost about $500 billion in market value after reporting negative free cash flow and slower search growth
Shares in Google's parent Alphabet are on course for one of their sharpest one-day falls on record.
Fed Chair Kevin Warsh announced that the Federal Reserve is holding interest rates steady. CNBC’s Steve Liesman breaks down the decision, and former director of the National Economic Council Gary Cohn looks to the Fed’s future, risks in...
The Federal Reserve held rates steady at 3.75% to 4% in a 10-2 vote, with Governor Lisa Cook dissenting for the first time and Cleveland Fed President Beth Hammack joining her in favor of a hike. Fed Chair Kevin...
Google Parent Tumbles 13% As Tech Jitters Pull Down Wall Street Stocks NDTV Google is eating itself — but it could still eat everyone else too Financial Times Why Alphabet (GOOGL) shares are sliding today Yahoo Finance Google shares...
Stock Market Today: Nasdaq Sinks 350 Points; Google Stock's Tumble in Focus — Live Updates WSJ Why Alphabet (GOOGL) shares are sliding today Yahoo Finance Alphabet Loses Almost $500 Billion In Market Value, Marking...
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Her plan to depart in February, months before the end of an eight-year term, sets in motion a selection process among European leaders for a new central bank president. Christine Lagarde will leave the post in February, nine months...
A potentially historic drop for Alphabet’s stock is dragging the US market lower after the company behind Google and YouTube reported weaker growth than analysts expected.
Christine Lagarde's decision to step down early as European Central Bank president brings an abrupt end to a mostly successful chapter at an institution she was never expected to lead. Senior European Economics...
Europe’s largest countries are already jockeying over who will succeed Lagarde—and inherit responsibility for an economy facing mounting problems.
European Central Bank President Christine Lagarde speaks to reporters following the Governing Council's meeting. The presser comes after ECB announced that Lagarde had resigned and will step down as president on...
Alphabet reported revenue up 25% and still missed, and the stock fell hard on it. Julie Hyman walks through where the quarter went wrong, and the three of them work out what advertising becomes when the buyer is a shopping bot rather...