Google misses mark with its cloud revenue

Amazon's cloud business faces crucial test after rivals Microsoft, Google stumble
The pressure is on Amazon.com to deliver on lofty expectations for cloud computing in its fourth-quarter results on Thursday, after Microsoft and Google's lackluster reports jolted investor faith in Big Tech's billion-dollar investments in AI.
Google parent Alphabet misses quarterly revenue estimates
Alphabet has gained about 9% so far this year. Google's Cloud business posted a 30% rise in revenue to $11.96 billion in the fourth quarter, slowing down from the 35% increase in the September quarter.
Google misses the mark with its cloud revenue
Alphabet came up short on revenue for its cloud-computing business, a closely watched segment. The FactSet consensus was for $12.19 billion in revenue from the cloud. Alphabet turned in $11.96 billion for the unit.
Google parent Alphabet plans $75 billion capital expenditures this year, misses on cloud revenue
Alphabet said on Tuesday it will spend $75 billion on its AI buildout this year, 29% more than Wall Street expected, while posting cloud revenue that missed analysts' target. The tech giant's shares were down 9% in extended trading.
Google Parent Alphabet's Stock Slides as Cloud Revenue Disappoints
Google parent Alphabet (GOOGL) reported fourth-quarter earnings that topped analysts' estimates, but its cloud revenue came in short, sending shares lower in extended trading Tuesday. The tech giant saw revenue grow 12% year-over-year to $96.
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