Alphabet shares close flat after earnings beat. Here's what's happening [MSNBC.com]
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Source: MSNBC.com
In this articlewatch nowVIDEO1:2601:26Google projects significant spending increaseClosing Bell: OvertimeAlphabet'sbeat Wall Street's expectationsThe Google parent closed nearly 2% lower on Wednesday. After the bell, Alphabet reported fourth-quarter revenue of $113.83 billion, above the $111.43 billion estimate from analysts polled by LSEG.Its Google Cloud division had $17.66 billion in revenue versus a forecast of $16.18 billion, according to StreetAccount. YouTube Advertising posted $11.38 billion in revenue versus the estimated $11.84 billion.The tech giant said it would significantly increase its 2026 capital expenditure to between $175 billion and $185 billion — more than double its 2025 spend. A significant portion of capex spending would go toward investing in compute capacityBarclays analysts said in a note Thursday that Infrastructure, DeepMind and Waymo costs "weighed on overall Alphabet profitability," and will continue to do so in 2026."Cloud's growth is astonishing, meas
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- Amazon cloud unit beats on revenue and profit as parent company ramps up AI spending [MSNBC.com]MSNBC.com
- Google parent Alphabet shares fall after earnings beat. Here's what's happening [MSNBC.com]MSNBC.com
- Reddit just released its fourth-quarter earnings that beat on top and bottom lines [CNBC]CNBC
- FactSet Research Systems declares $1.10 dividend [Seeking Alpha]Seeking Alpha
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