W

Why Alphabet’s stock could see its worst drop in years after the latest results

Business Management
Share
Why Alphabet’s stock could see its worst drop in years after the latest results

A doubling of cloud revenue wasn’t enough to appease Wall Street as investors grew more concerned that AI is hurting the company’s ability to make money off search queries.

Why Alphabet’s stock could see its worst drop in years after the latest results

Source：MarketWatch

Disclaimer：Please read market information rationally and stay aware of investment risks. All content on this site is for informational purposes only and does not constitute investment advice.

Related Reading

Fortinet’s stock is taking a dive after earnings. Here’s why.

Cybersecurity stocks are broadly falling as growth slows significantly in one of Fortinet’s business segments. Source：MarketWatch

Lumentum’s stock pops as investors cheer a possible sale to Marvell

An agreement between the companies could come next week, Bloomberg reported Source：MarketWatch

Canadian ‘crypto king’ case to go to jury as criminal trial winds down

Aiden Pleterski, facing fraud charges in Canada over his alleged role in a digital asset Ponzi scheme, said that he was innocent at closing.…

Bitcoin-backed mortgages are coming to Canada, but borrowers are still unaware of the cost

Prospective borrowers face collateral liquidation risks if bitcoin prices drop, though APX said property and crypto collateral will be handled distinctly.…

Source：https://www.marketwatch.com/story/why-alphabets-stock-could-see-its-worst-drop-in-years-after-the-latest-results-6b64cf98