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Alphabet (Googl) is now in the penalty box.
Shares ran with 8% in pre-market trade on Wednesday after a Miss in the fourth quarter. The perpetrator? Softer than expected turnover in cloud services (similar to the latest profit from rival Microsoft (MSFT) and a delay in the company from the previous quarter.
CFO Anat Ashkenazi has attached the debt to the profit call to be “capacity restriction” in the cloud, still pointing to a strong question. But investors do not have it, chose to dump the share and also express concern about $ 75 billion in capital expenses for 2025 – well above whisper numbers in the quarter of around $ 60 billion.
The concerns overshadow the growth in the lucrative search activities of the company, which rose by 13% in the quarter. YouTube advertising sales also praised the street, an increase of 13.8%.
This is what Wall Street says about the Squishy district of Alphabet. Keep the Yahoo Finance Analysis Section of the Ticker page of Alphabet Het it is likely that analysts will lower their sales and win tramps after the cloud-computing disappointment in the fourth quarter and a cordial Capex guidelines.
“We maintain our neutral rating and $ 200 price target after disappointing 4Q24 income that were underlined by a miss from the top expectations and the Google-Cloud growth. Alphabet sees benefits for the integration of AI in their product portfolio, from searching to Android to Google Cloud , such as the use of AI overviews during the search, what increases user satisfaction and stimulates higher use.
“Alphabet reported a decent but overall mixed quarterly results/guidance with search and YouTube income that are neatly higher than expected, services operational income before expectations, while important cloud income/business income came in light and signs of delay (that management attributed A lack of data center capacity) that was more than 2025 for our ($ 58 billion) and consensus expectations at $ 75 billion. Me “are that 4Q cloud results were a hiccup on the way to a much higher turnover/operational income growth.”
