Alphabet set to report fourth-quarter earnings after the bell
Publishing timestamp: 2024-01-30 12:00:01
Summary
Alphabet is expected to report its fastest rate of revenue growth since early 2022. The company's stock price has climbed to a record high. Layoffs have been announced, and the company is scheduled to report fourth-quarter earnings. Google Cloud and YouTube ads are expected to contribute to revenue growth. CEO Sundar Pichai is focusing on investments in artificial intelligence but has warned of more layoffs. Wall Street has confidence in Alphabet's cost-cutting strategy.
Sentiment: MIXED
Tickers: MSFT, AMZN, META, AAPL, GOOGL,
Keywords: amazon.com inc, microsoft corp, breaking news: earnings, social media, business, apple inc, breaking news: technology, earnings, business news, sundar pichai, technology, alphabet inc, meta platforms inc,
Source: https://www.cnbc.com/2024/01/30/alphabet-googl-q4-earnings-report-2023.html