Digest opened free editor
Rola Khaleda, FT editor, chooses her favorite stories in this weekly newsletter.
Alphabet Undershot's revenues in the fourth quarter, when the cloud works for the search giant greater than expected, while continuing to accelerate their spending on data centers in response to the demand for artificial intelligence.
Revenue increased by 12 percent to $ 96.5 billion in the three months to December, compared to the same period in the previous year. With the exception of the traffic acquisition costs, this number was 81.6 billion dollars, and the loss of Wall Street in a 82.8 billion dollar poll. The net income rose 28 percent to 26.5 billion dollars.
alphabet The shares decreased more than 6 percent in the trading of hours after hours. The stock has previously increased by 45 percent in the past 12 months, giving it the 2.5 trillion dollar market value and made it the fifth company listed in the world behind Apple, Microsoft, Nvidia and Amazon.
While Google Cloud Services Business recorded a 30 percent increase to approximately $ 12 billion, this was slower than the 35 percent growth rate in the third quarter, and less than 12.2 billion dollars, analysts expect.
Alphabet continued to spend on Amnesty International's infrastructure in escalation with its competitors in the Silicon Valley. The fourth capital expenditures jumped to 14.3 billion dollars, up from $ 11 billion in the past year and exceeding expectations of $ 13.2 billion.
“We are confident of the upcoming opportunities, and to infiltrate our progress, we expect to invest about 75 billion dollars in capital expenditures in 2025.”
Last week, microsoft open She spent $ 22.6 billion in the same period for three months, but its shares decreased sharply after sales in the Azure cloud computing unit. CAPEX quarterly Meta amounted to $ 14.6 billion, with CEO Mark Zuckerberg Pledge To spend “hundreds of billions” to stay at the forefront of artificial intelligence research and products.