Get ready for a wild ride with Google stock as it beats earnings expectations but faces disappointment in ad revenue, causing ups and downs in the market.
Google's Q4 earnings report was a rollercoaster for investors. While the tech giant's financial results exceeded estimates, the core advertising business fell short, leading to a dip in GOOGL stock. Despite record profits and a trading high, Alphabet emphasized its focus on AI for the upcoming year, hinting at innovative developments ahead.
However, the excitement was short-lived as holiday season ad revenue failed to meet Wall Street's projections, overshadowing Alphabet's overall performance. Analysts predicted a rebound in digital advertising, but the results left much to be desired, causing Alphabet shares to slide and raising concerns among investors.
During after-hours trading, Alphabet's stock continued to tumble, even with better-than-expected Q4 results. The disappointment stemmed from Google ad revenue missing analysts' expectations, leading to a 4% drop in stock value. Despite the strong earnings, the market response highlighted the impact of advertising revenue on Alphabet's stock performance.
In a surprising turn of events, Alphabet's stock fell 6% despite an earnings beat, leaving investors puzzled. The fluctuating market response to Google's financial reports showcases the unpredictable nature of stock trading, where positive results may not always lead to immediate market gains.
Google reported Q4 earnings and revenue that topped estimates. But GOOGL stock fell as the core advertising business slightly missed views.
2024's financial results were strong, but it's โall about AIโ for Google parent Alphabet this year.
Alphabet shares slide on disappointing Google ad revenue · Alphabet reported better-than-expected revenue and profit for the fourth quarter, but ad revenue ...
Alphabet disappointed Wall Street on Tuesday as holiday season advertising sales came in below expectations and overshadowed the company's efforts in ...
Google parent company Alphabet (GOOG, GOOGL) reported its fourth quarter earnings after the bell on Tuesday, missing analysts' expectations on ad revenue, ...
Google parent Alphabet Inc.'s stock was tumbling late Tuesday, as a rebound in digital advertising fell short of analysts' lofty expectations.
Google parent Alphabet shares nudged higher Tuesday ahead of a fourth-quarter-earnings report, slated for after the close of trading, that is likely to ...
Google recorded $65.5 billion of total advertising sales in the fourth quarter, an increase of 11% from the same period last year. Those financial results ...
Shares of Alphabet were falling in after-hours trading Tuesday despite overall better than expected fourth-quarter results from the search giant.
The stock slid 4% lower in extended trading. Revenue, excluding traffic acquisition costs for the third quarter, was $72 billion versus expectations of nearly ...
Google-parent Alphabet Inc. posted better-than-expected earnings for the fourth quarter but ad revenues didn't grow at the pace analysts had anticipated.
Google parent Alphabet's (GOOG, GOOGL) stock sank after the company reported its fourth quarter earnings after the bell on Tuesday, which missed analysts' ...
Alphabet's latest earnings results are in, and GOOG stock investors are sending shares down. Here's what to know.
Google's stock price drop after Q4 earnings indicated positive revenue and income trends have a lot to do with its Magnificent status.