Google's new CFO makes earnings call debut, says company can 'push a little further' on cost cuts
Publishing timestamp: 2024-10-30 00:13:17
Summary
Alphabet's new CFO, Anat Ashkenazi, highlighted the need for more streamlining to invest in AI during the company's earnings call. She praised the cost efficiencies already implemented and expressed a focus on driving further efficiencies to maintain competitiveness. The company reported strong third-quarter earnings, with a focus on investments in cloud and AI products. Ashkenazi also mentioned plans for higher capital expenditure in 2025.
Sentiment: NEUTRAL
Keywords: internet, meta platforms inc, technology, earnings, business news, google, breaking news: technology, sundar pichai, alphabet inc, amazon.com inc,