Thank you for standing by for the Alphabet fourth quarter and fiscal year 2024 earnings conference call. At this time, all participants are in a listen-only mode. After the speaker presentation, there will be a question-and-answer session.

Cloud revenue in the quarter of $12 billion—a 30% increase from last year—just misses analysts’ estimates of $12.2 billion.

Alphabet's fourth-quarter earnings day is here, with numbers expected to be released after the markets close Tuesday. This will be followed by an earnings call at roughly 4:30 p.m. ET. The stock has been riding high over the past month as investors grew bullish over Google's AI investment.

Alphabet has seen ‘one of the more negative reactions to earnings reports this earnings season,’ says Bespoke Investment Group

Alphabet's (GOOG, GOOGL) stock is dropping by over 7% in after-hours trading after reporting mixed fourth quarter earnings results, posting revenue of $96.47 billion which slightly missed estimates. Advanced Micro Devices (AMD) stock is now also dropping in extended hours,

Global stocks fell on Wednesday, after disappointing earnings from Alphabet knocked Wall Street futures, while the dollar took a dive against the yen, which rallied sharply after Japanese wage data upped the chances of another rate hike.

Shares of Google parent company Alphabet (GOOGL) are down 7% after the technology company reported fourth-quarter 2024 financial results that

Alphabet reports fourth-quarter earnings after Tuesday's closing bell. Investors will be focused on cloud momentum and AI traction, with shares of the Google and YouTube parent company holding fast near the record levels achieved last week.

Key Takeaways Alphabet shares fell sharply Wednesday as investors responded to the Google parent's weaker-than-expected revenue numbers and big AI spending plans. The stock broke out from an ascending channel late last month and picked up momentum ahead of the earnings report before today's abrupt reversal.