Alphabet's fourth-quarter earnings indicated solid performance with a 12% revenue increase, amounting to $96.5 billion. However, concerns arose from underperforming Cloud Services and an unexpected capital expenditure forecast of $75 billion for 2025, which impacted share prices negatively. Despite this, CEO Sundar Pichai emphasized the company's AI advancements and the momentum across its business, recognizing the importance of AI amidst market distractions, particularly from competitor DeepSeek's new AI model that has drawn attention in the tech landscape.
In Q4, Alphabet reported strong revenue growth driven by AI leadership despite challenges in Cloud Services and a surprising capital expenditure outlook for 2025.
Google's advertising revenue and YouTube ad earnings surpassed expectations, showcasing the continued strength of its core business amidst rising competition.
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