Alphabet reports positive Q4 earnings, but stock falls 7.10%
From Stocktwits: 2025-02-05 08:32:21
Alphabet CEO Sundar Pichai reported a strong fourth quarter for the company, driven by AI leadership and business momentum. Despite a slight revenue miss, Alphabet’s earnings per share exceeded estimates at $2.15, with revenue climbing 12% year over year to $96.47 billion. Google advertising revenue improved 10.6%, with Google Cloud revenue jumping 30% to $9.19 billion. However, this fell short of expectations, with Microsoft’s Azure revenue growing 31% in the same period. Sentiment towards Alphabet stock remains extremely bullish, with retail investors expressing interest in buying the dip. In premarket trading, Alphabet stock fell 7.10% to $191.72.
Read more at Stocktwits: Retail Swoops In To Buy The Dip