Oct 28 : Google parent Alphabet reported disappointing results in the core business of search advertising and a massive acceleration in cash burn as it poured resources into building out AI.In a sign of corporate customers embracing the technology, Google Cloud revenues more than doubled, but investors unnerv

Oct 28 : Google parent Alphabet on Wednesday missed Wall Street profit and revenue expectations, and AI spending accelerated its cash burn, sending its shares down more than 10 per cent in extended trading.Capital expenditures, driven by AI, will increase significantly in 2027, said Chief Financial Officer An

Oct 28 : Google parent Alphabet reported disappointing results in the core business of search advertising and a massive acceleration in cash burn as it poured resources into building out AI.In a sign of corporate customers embracing the technology, Google Cloud revenues more than doubled, but investors unnerv

Oct 28 : Google parent Alphabet reported disappointing results in the core business of search advertising and a massive acceleration in cash burn as it poured resources into building out AI.In a sign of corporate customers embracing the technology, Google Cloud revenues more than doubled, but investors unnerv

Alphabet Inc., Google's parent company, reported strong revenue growth in its third quarter, but it fell short of Wall Street expectations.