Google Parent Alphabet’s Stock Slides as Cloud Revenue Disappoints
Google Parent’s Letter (Googl) The report said that the income in the fourth quarter exceeded the estimation of analysts, but its cloud income was simply reducing stocks in expansion transactions on Tuesday.
The revenue of this technology giant increased by 12 % year -on -year to US $ 96.47 billion, which is roughly in line with the consensus of visible Alpha compilation. Alphabet’s revenue was US $ 26.54 billion, that is, $ 2.15 per share, rising from $ 20.69 billion or $ 1.64 per share a year ago and defeated the forecast.
However, Google Cloud’s revenue increased by 30 % to $ 11.96 billion, and lost expectations. Google’s search and other segmented market revenue was US $ 54.03 billion.
It costs $ 75 billion in letters to support AI capacity
letter CEO Sundar Pichai said the company is expected to invest about $ 75 billion Capital expenditure In 2025, “accelerate our progress.” Chief Financial Officer Anat Ashkenazi added that the investment of 16 billion to 18 billion US dollars is expected to appear in the first quarter, most of which will be used to expand infrastructure, including servers and data centers.
Pichai said that the consumption of Google Cloud customers is more than eight times a year and a half ago, and they need to invest to keep up with demand.
Pichai also shouted to AI chip manufacturer NVIDIA (NVDA) At the company’s income conference call, the company announced the first customer to run on the Blackwell platform on NVIDIA.
As a result, after complexity, after the AI ​​model Chinese startup Deepseek People are concerned about the competitiveness of American companies and their competitiveness in emerging technologies.
Chinese regulatory agencies have also launched Anti -Torais probe This week responded to Google to respond to new US tariffs. Most Google services including Gmail and YouTube have been banned in China.
After the company’s revenue conference, Alphabet’s A -type stocks fell nearly 8 % in extended transactions. The stock closed at a record $ 206.38 on Tuesday, an increase of about 43 % in the past 12 months.
Update-Feb. 4,2025: Since the first release to include other information and reflect the latest stock price, this article has been updated.