Get the latest gossip
YouTube Ad Growth Provides Good News In Otherwise Choppy Q4 Report By Google Parent Alphabet
YouTube ad revenue provided a bright spot in an otherwise mixed quarter for Google parent Alphabet.
The "Googleplex" in Mountain View, CASmith Collection/Gado/Getty Images In the period ended December 31, the tech giant reported revenue of $96.5 billion and earnings per share of $2.15. While those key metrics marked an improvement over the prior-year quarter and were largely in line with Wall Street forecasts, investors reacted badly to a miss on cloud revenue and a higher-than-expected outlook for capital expenditures. In its expensive bid to become a major force in AI, Google and its rivals encountered a new threat last month when China’s DeepSeek released results seen as effective at a reported fraction of what U.S. tech giants are pouring into the technology.
Or read this on Deadline
