This is a significant increase, and it shows that Alphabet is throwing the kitchen sink at its A.I. plans,” said Kathleen Brooks, research director at XTB, in an analyst note. What worries investors more is that Alphabet is spending money more quickly than making it.

Google parent company Alphabet expects to invest “approximately $75 billion” in capital expenditures in 2025, according to a statement from CEO Sundar Pichai in Alphabet’s Q4 2024 earnings release. Capital expenditures have become a hot topic as of late as big tech companies race to build infrastructure to support their growing AI ambitions,

NEW YORK — Wall Street drifted higher Feb. 5 as gains for most stocks outweighed drops for Google parent Alphabet and some other big-name companies following their latest profit reports.

US stocks mostly gain early Thursday as investors weigh earnings reports. Amazon results are due after the close and monthly jobs on Friday.

Asian shares are trading mostly higher after a Wall Street rally that followed profit reports from major companies

Excluding traffic acquisition costs, that figure was $81.6bn, missing Wall Street estimates in a Bloomberg poll of $82.8bn. Net income rose 28 per cent to $26.5bn. Alphabet shares dropped more than 6 per cent in after-hours trading.

(Reuters) -Alphabet missed Wall Street estimates for quarterly revenue on Tuesday, in a sign the Google parent was taking a hit from increased competition in the digital advertising market and a slowdown in its cloud computing business.

The quarter before, for instance, Alphabet beat Wall Street’s EPS estimates by nearly 15 percent, as the chart below from Public.com illustrates.  Notably, Alphabet also announced $75 billion in capital expenditures for 2025 to continue investing in artificial intelligence.

China's antitrust investigation into Google, which does not offer most of its consumer-facing services including search and email in the country, seems to make little sense on the surface, but analysts said the move could be seen as a warning shot to the US and a threat to the Android operating system.

President Trump continued to push his agenda on tariffs and immigration. China responded to Trump’s sweeping tariffs with counter-tariffs on certain American imports and an antitrust investigation into Google.