Showing 1 to 1 of 1 results
cnbc.com
🌐 85% Global Worthiness
Alphabet Stock Drops 7.5% on Revenue Miss and High Capex Guidance
Alphabet's Q4 2023 revenue slightly missed expectations at $96.47 billion, while adjusted EPS beat forecasts; however, the stock dropped 7.5% due to a $75 billion 2025 capex guidance and concerns about the impact of competitive LLMs on the search business.
Alphabet Stock Drops 7.5% on Revenue Miss and High Capex Guidance
Alphabet's Q4 2023 revenue slightly missed expectations at $96.47 billion, while adjusted EPS beat forecasts; however, the stock dropped 7.5% due to a $75 billion 2025 capex guidance and concerns about the impact of competitive LLMs on the search business.
Progress
40% Bias Score
Decent Work and Economic Growth
Showing 1 to 1 of 1 results